I'd have tp throw my vote in the pool for a Fraggle Rock movie being a bad idea. Tis true, a small part of me would love to see the Fraggles return in today's world. And as I've said many times before, our messed up world could certainly use the lessons and wisdom that were scattered throughout the Fraggle Rock series. However, at the end of the debate is the simple fact that Fraggle Rock ended in a nearly perfect matter (IMO, the only thing imperfect about it was that it ended at all). There's simply no need to risk ruining the legacy of Fraggle Rock by putting out a movie that (let's face it) not many people will see or appreciate. What if the movie is terrible? It would tarnish the greatness of Fraggle Rock forever. And that's not even to mention how they could pull off a quality Fraggle Rock movie without all the original components that made the series so wonderful... Doc & Sprocket, The Gorgs, Doozers, all the original voice actors and puppet performers, the original writers... These things were the heart and soul of Fraggle Rock and not all of them would be willing or even availble to participate in a FR film for various reasons. Perhaps if it were twenty or even fifteen years ago, the possibilities of a Fraggle Rock movie might be more appealing. Nowadays, it just doesn't make sense to me (and apparently doesn't make that much sense to the powers that be as the film has been stalled in limbo for years). The high cost of puppet builds, the inability to bring together the key components to the franchise for a film, and the risk of damaging what was a wonderful (even if it was little known) reputation and legacy of Fraggle Rock. It just doesn't pay to resurrect the Fraggles in film for now. Not everything from the 70s and 80s needs or should have a reboot just because hollywood can't come up with any original ideas. Some things are better of just staying as they are and in my opinion, Fraggle Rock is one of them.
Now, some viral videos with Uncle Traveling Matt exploring our modern world might be a grand idea and make much, much more sense to everyone involved than a Fraggle Rock feature film would.