If you go to an Argos game at Skydome (or the Rogers Centre, or whatever the hell they're calling that cavernous monstrosity of unfilled plastic seats these days), you'll see the upper level decked out with enormous tarps featuring some of the Argos greats of yester-year (yes, there are some).
Apart from disguising the fact that the stadium is half-empty, it's actually a nice homage to the team's history, and a nice show of respect to some of the players who wore the 'A' through the years.
Short of restoring the Rough Riders name and the white 'R' logo, you would be jettisoning all links with the wonderful past that Ottawa football has. Recall, that when the team first folded in 1996, the Rough Riders were the oldest professional sports franchise in North America.
Now, perhaps it's just because I love history, but I really believe that if you have a history, you ought to celebrate it.
'Renegades', 'By-boys', 'Beavers' and (God forbid) 'Redtails' just doesn't cut it.
Put the bloody 'R' back on the bloody helmet, call 'em the Rough Riders, get in your 3-point stance and prepare to go third-and-short, 'cuz it's about bloody time we had some good ol' fashioned smash-mouth football to go crazy over again.