I finally got to pick up my copy of Scooby-Doo Team-Up #16. It was awesome. And, oddly enough. it's mostly Dudley and Tawny who spend the most time with the Scooby Gang.
But... I have no idea if Billy Batson and the Captain can be rebirthed. My only real exposure to Billy Batsonino was the one story that was in the Celebrating 75 Years of Shazam, and I could barely get through it.
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Somewhere, across the multiverse, there is a parallel world where the only discernible difference is that Billy Idol and Tiffany flip-flopped as to which Tommy James and the Shondells songs to cover.