Dear Henson Studios: There's an audience for this.
Ironychan comes up with this plot outline for The Muppet Odyssey:

Yesterday, finding ourselves with some time to kill, my fellow grad students and myself started trying to figure out what The Muppet Odyssey would be like.

Gonzo would be Homer, with wreath, lyre, and blindfold, telling us the story. Rizzo would be his prompter, since being blind, he cannot read the script.

Sweetums as the Cyclops, with an eyepatch. And they probably have the sheep muppets left over from The Muppet Christmas Carol, so that's okay.

Kermit would be Odysseus, which would mean Robin as Telemachus and Miss Penelopige. This one caused us some trouble, as Miss Piggy would of course be perfect as Circe, but no, Penelopige it is. She's been ruling Ithaca with an iron fist during her beloved husband's absence. The courtyard is full of assorted swine (literally) who are trying to woo her, but if any of them gets too close, she shouts "HAI-YA!" and throws them over the wall.

So who plays Circe? After some debate, we concluded that Circe would have to be played by an actual actress. Perhaps she tries to turn Odysseus' crew into animals and can't, because they're already animals? Perhaps she turns them into non-muppet animals... in which case it'd be fortunate that the movie is already done by Jim Henson's Creature Shop, since I doubt they'd be able to talk an actual bear into sitting still for an orange dye job. At the end of that adventure she's tricked, is turned into a muppet, and our valiant hero escapes! Heck, perhaps she tries to turn them into humans.

Now... what do we do with Calypso?

Metaquotes takes note, and an avalanche of enthusiastic approval and macros ensues.