Exactly. I mean, if it's done well, and it's all Muppet production with Fraggles or Penguins as Munchkins, and Statler and Waldorf as 2 flying monkeys, it could work. My idea is that they are putting on a production of the WOZ (maybe making a film) and every so often something goes wrong with the film/ production, causing the project to collapse. Someone (Kermit, Piggy... whoever) has a dream about going to Oz, and the characters are all the parts they had before. At the end, Kermit (piggy, whoever) realizes that it's not what the production looks like, or how many special effects theyn shove in it, but putting on the show itself, and making dreams come true that counts.
But if it's another MCC, it's a step backward.
I mean, this rumor may be true, false, what have you. it's from the internet, so somehow, somewhee, there may be an ounce of truth, but right now, I can't see it as anything more than a rumor (If I could list all the rumored films on the Internet.... Wacky Races starring Dustin Hoffman as Dick Dastardly for one)