I honestly should be a lot more excited than I am. That is to say, even if this was an actual big TV project, I'd be a lot less enthusiastic than a Muppet fan should be.
The reasons are obvious, I think. Maybe once it comes out what this thing is, I'd be a little more interested. Just... when you had a TV show that, yeah, it probably would have been canned anyway, but was on the bubble until a stock report came in (Agent Carter was already canned, but they didn't say anything about it until later, sneakily). It's hard to be that excited for another project that won't hit the imaginations of supposed Muppet Fans who would watch an illegally uploaded Family Guy cutscene, share it with all their friends, and say "whatever happened to these guys"... when a freaking movie has been out that have that one Animal T-Shirt they never wear in their closet.
On the other hand, the show is freshly cancelled and yet Disney didn't give the franchise the cold shoulder it gives most of it's franchises, even successful ones when they've either had a low yield project (Winnie the Pooh) or the show's about to be canned (Phineas and Ferb, which was painful to see become a non-person to Disney). Disney is still releasing some merchandise, and they are closely following up the canned TV show with something. So I can see hope, just not muster excitement, at least not just yet.