Probably the best example I can think of is Diane Duane reworking her Wizards series to make it modern-day, but there are others, including owners of a literary estate altering books left to them to make them compatible with current standards.
What do you think? Does it matter if it’s the original author or an inheritor?
I think it’s fine. The peril is that the author could make it worse. But maybe they’ll make it better!