The Muppet Show-Live would be nice, but...
The Muppet Show Live performance was a once-in-a-lifetime opportunity and a lot of fun to see. A video release would be awesome for my memories.
The way it was produced was both for Jumbotron and intent for subsequent release was obvious. It was very well scripted.
Brooke Shields and Jon Voight were great, especially for his stepping in last minute. It was wonderful to see Paul Williams, though his voice was pretty shakey.
Similarly, Steve had the same kind of troubles that night. After the comment below, I remember Steve telling me that he had a head cold and remember him drinking hot tea all weekend. Steve is a brillant performer. Give him the rat, amongst many others and he's unbeatable. He's taken up Kermit nobly and with gusto. Yet, Kermit's personality is subtley different and singing as Kermit is something that just hasn't ever worked well for him. I would imagine it was very hard and an emotional thing for him to have to do live. However, that piece is THE signature piece of anything the Muppets have ever done. That night, it just wasn't ON.
Remember the Perform a Muppet segment at Muppetfest!? Seemed intended to be incorporated into the opening for the live show. Yet, it just didn't pan out, so it didn't make the live show.
This is why The Muppet Show - Live is in the vault and will likely stay there. If the finished video was quality and stood a chance of making money, without risk to the reputation of Muppets, it would be out there.
JHC has followed a path of producing high end "picture perfect" product in it's post-Jim era. They are very open to fan appreciation, but are very closed-door when it comes to opportunities within the company. Somewhat understandable, yet some of those long-time, dedicated fans may have an incredible understanding of the characters and just the ticket that JHC needs for the survival of the characters.
People want to laugh and the Muppets naturally taps into that. If JHC can't recover that essence of zany energy, that is so much their trademark, and reliably translate it to media within a timeframe that resonates with their fanbase; their efforts and successes will continue... however conservatively.
With Fond Memories & Honesty,
Puppet Builder