I think this is a great little film and this version is the 400ft version with Walton's last ever release The 200ft version spliced in. I grew up with Sesame street and loved the Sunday afternoon Muppet shows on telly, this film is a great bit of nostalgia and my own Children grew up with the muppets to.
The print is very good with no fade at all, the 200ft which fits in perfectly and clears up the story-line is very good but more grainy than the 400 but this by no means spoils it at all. The focus, sound volume and frame line all match perfectly, very unusual, i think i may have just been very lucky with this.
Here is the storyline edited to this 600ft version.
Kermit the Frog is relaxing in a Florida swamp, strumming his banjo and singing "The Rainbow Connection", when he is approached by Bernie, a Hollywood agent who encourages Kermit to pursue a career in show business. Inspired by the idea of "making millions of people happy", Kermit sets off on a cross-country trip to Los Angeles,
Meeting Fozzie Bear, who works as a hapless comedian in the El Sleezo Cafe, The two set out in a 1951 Studebaker after they are chased out of the bar. The duo’s journey includes misadventures which introduce them to a variety of eccentric human and Muppet characters, including Dr. Teeth and the Electric Mayhemand their manager Scooter, who receives a copy of the script from the pair (one of a number of self-references) at an old Presbyterian church; Gonzo, who works as a plumber, and his girlfriend Camilla the Chicken; Sweetums, who runs after them after they mistakenly think that he has turned them down at a used car lot; and the immediately love-stricken Miss Piggy at a fair.
While Kermit and Miss Piggy form a relationship, scientist Professor Krassman, (Mel Brooks), decides to brainwash Kermit in an attempt to force Kermit to perform in Doc’s commercials until an infuriated Miss Piggy knocks out Doc Hopper's henchmen and causes the scientist to be brainwashed by his own device.
During a campfire that night, the group sadly considers that they may miss the audition tomorrow, and Kermit wanders off, ashamed of himself for seemingly bringing his friends on a fruitless journey. Upon consulting a more optimistic vision of himself, Kermit remembers that it was not just his friends' belief in the dream that brought them this far, but also his own faith in himself. Reinvigorated, he returns to camp to find that the Electric Mayhem and Scooter have read the script in advance, and arrived to help them the rest of the way.
Just as it seems they are finally on their way, the group is warned by Max that Doc Hopper has hired an assassin named Snake Walker to kill Kermit. Kermit decides he will not be hunted down by a bully any longer and proposes a Western-style showdown in a nearby ghost town occupied by Dr. Bunsen Honeydew and his assistant Beaker, who invent materials that have yet to be tested. While confronting Hopper, Kermit explains his motivations, attempting to appeal to Hopper’s own hopes and dreams, but Hopper is unmoved and orders his henchmen to kill him and all his friends. They are saved only when one of Dr. Bunsen's inventions, "insta-grow" pills, temporarily turns Animal into a giant, causing Hopper and his men to flee.
The Muppet's proceed to Hollywood, & are hired by producer and studio executive Lew Lord, (Orson Wells),
The Muppet's attempt to make their first movie involving a surreal pastiche of their experiences. a rainbow shines through the into the studio right onto the Muppet's. The Muppet's, joined by the characters from The Muppet Show, Sesame Street, Emmet Otter's Jug-Band Christmas, and the "Land of Gorch" segment of Saturday Night Live, sing the final verses of "The Rainbow Connection".
As the screening ends,

I got this 400' too, loads of famous faces. :-)

Looks terrific Tom for a package film of its age. Another example of just how good many of the Walton prints really were!

With all the Tom & Jerry films released by them, Walton prints alongside WDHM were always my favourites as a youngster.
Their quality still shines through much of the rest to this day from that same era.
Great prints, great stock, solid booming soundtracks and very often, great great choices for the releases they put out.

They certainly were a very major player, such a pity they had that stupid rule in place that meant every tom & Jerry release had to be edited slightly. (as well as 99% of there other titles).

True Tom, but that was probably the only way they could obtain the "rights" to release what they did.
As a youngster buying these titles back then, I didn't even notice they were edited slightly to be honest.
Let's not forget, you only had tv to allow you to see them any other way, so it wasn't like today where you can watch them by many means if you wish.

very true, i am and always have been a walton films fan, such a pity they went so soon. i wonder what else they would have released.

I had heard a whisper that they were talking with I.T.C. to do 3x400' versions of "Capricorn One" and "Escape to Victory" as they had already brought out the promos to them, but alas once there foray into video went dramatically wrong (a whole container of tapes were stolen, and I believe never found), money got so tight they had to drop everything else, and sell up and get what they could get for the stock they had left (I went to both of there sales, the 2nd was a bit pitiful, I'm afraid).

Such a shame to hear that Barry of this one time great company that did genuinely put quality first for its customers.

How sad to think more than likely, it was through the activities of an unscrupulous few ripping them off , that aided towards their eventual closure in this case!

I'd have loved to have seen escape to victory on Super 8mm from them and better still they may have one day released the Italian Job or one Flew Over...in a longer version perhaps?

How good would that have been?