Maybe.
The creepiest part of the Alien is probably the facehugger itself. But the one limiting factor of the Alien is that they have to catch host, bring them back to the hive, and then gestate for more numbers.
In reality the Alien would be a never ending guerilla threat, there are just too many easy targets out there for them, but you can discern movements and probable locations of where they would be at by just knowing their nature. You know they are going to be around human prey, and that they would have to walk to get there, then you could just look for natural features or abandoned buildings once people in an area start disappearing. Send a drone in to confirm, then scuttle the building with a precision munitions with very little threat to human combatants.
The virulence of Gibson's script let the Aliens spread rampantly without the limiter. Individual spores could infect people from some distance away and takes away something that would be a weakness.
I also imagine you could alter the Aliens physiology to spread the spores instead of the eggs.
I kind of imagined this as a one off to squeeze some more life out of the franchise, maybe to show how careless and stupid humans can be if they were to actually get the alien. But if we are at that squeezing the life out of it point, maybe we should stop and shovel dirt on it.
I also imagined Gibson's script redone as a new property.