The rights to make new King's Quest games should have been awarded to AGD Interactive. I love Telltale, but it's a travesty that AGDI isn't making the new games after all they've done to keep interest in the series alive over the years.
Himalaya, Please no... I don't really like their art style in comparison to the classic KQ games. Although perhaps that could be improved if they had an actual budget to work with. So I'll give, that that could be improved.
Secondly their KQ games (barring their KQ1 remake) have very little to do with the classic series, being almost a complete reimagining with many plot divergences.
Would I like to see them make the The Father's Acension game alluded to in part 2 and Part 3? Sure, it would be nice to see how they would have taken that story. But don't want it being considered a continuation of the true King's Quest series...
However, some members of AGDI have said in the past if they made a commerical KQ game (or remake of KQ2, KQ3, etc) it wouldn't have anything to do with the Father, and would remain closer to the original KQ games. This I actually support, as I want continuation to be a continuation of the official games, not any fan game or remake. But how true it sticks to the original games is based in many factors, and is a matter of opinion.
So you have a catch-22 conundrum really. The Father idea is an idea that would remain in the realm of the fan games. But they don't want to do another Fan Game. Yet if they went commericial with KQ it would stick closer to the original stories instead, so no closure to the Father storyline.
So people can't have it both ways.