I am watching it now, and it's awesome so far! I was cracking up at the bathroom riot scene. I didn't know that this film had cuts in it, but that's because it's my first time watching this movie. But the only time I ever got angry at a cut was with qubo's version of VeggieTales-one episode cut out an important plot point just so they could play commercials telling kids to invent stuff and to eat healthy.
Also, with the logic that Muppet movies air every other month on The Hub, and considering what they did with Animaniacs after it's movie aired, do you think this means that they'll do the same show The Muppet Show on The Hub?