According to @TheDiscFather this is being prepared to coincide with the release of the new series and the old series in 4K on Peacock:
https://mobile.twitter.com/TheDiscFa...08264695267328
TheDiscFather can be kind of sketch, which is why I'm putting this in WishList rather than the normal forum, but NBC likely is doing a 4K upscale of the show for Peacock, which is a point in his favor, I guess.
Point against: Why only release season 1? Why not do the whole series in one go?