Given that CBS was the network that had a chance to give us an animated series for the wonderful comic, "Elfquest", but that kept making demands on Wendy and Richard Pini (EQ's co-creators and de-facto owners) to CHANGE things, storyline and character-wise that wpould have effectively turned what COULD have been one excellent action/adventure/fantasy series in to "Elf-Babies" (the elfin equivalent of "The Muppet-Babies"), and to which Wendy and Richard very naturally said "Thanks, but NO, thanks", that didn't totally surprise me, actually.
Which I totally agree with Vegita-San, The Ninjinister and TerranigmaFreak (and especially Vegita-San) on THEIR assessment of CBS's reasons for not giving us 200 eps of the Classic TMNT series.