Yes, they could rescan the negatives. Thing is: if it was edited on tape (as was the case for some shows such as Pee-Wee's Playhouse), it's possible that all the effects would need to be reconstructed. That's often a dealbreaker for some studios, if the foreseeable profit is low.
This is such a cult series. It needs to be reissued in HD. I would be happy with a full 1080p u-Matic tape scan (like the Fraggle Rock blu-rays). U-Matic quality is still VERY decent.
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