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Sad thing is, we probably never will see this again, period. Even if all the legal issues do get sorted out, there are more modern (though not anywhere near as good) Muppet Xmas specials that the networks would rather likely air.
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Exactly. Unless the kids are schooled by their parents in who half the characters are, even some of the sesame Street cast, they won't know who they are.
I remember performing with my puppet and I mentioned Kermit the Frog. Out of a room of twenty kids, only two knew who Kermit is.