Thats a great idea. The TV show "Jericho" was cancelled after the first season. After fans petitioned CBS to bring it back, it will now have a limited run next season. Online petitions really do help and have power these days.
I am not sure what the right online petition site would be the right one in this case. But I will most certainly sign it and link it to He-Man.org forums. There is a huge fan base there and will definitely help with votes.
I want lots of extras with any release if they still can find the material after all these years. There was a special on one of the movie channels (Showtime, HBO, Cinemax maybe), that was a MOTU preview and had an interview with Dolph. I remember him wearing the boots from the film and having a white button down shirt on, so it must of have been on-set. I would love to see this again, it had some good commentary.
Punisher would be great too, but I don't know if the response will be strong enough for it. People are still mad about the skull not showing up.