Stadler and Waldorf for Bert and Ernie is great, though personally I’ve pencilled them in as “that guy who shouts at George and Mary when they’re throwing rocks at the old house”
The one that I think would be a no-brainer for a Muppet adaptation (big cast, lots of set-piece story beats, has enough cultural presence for the audience to recognize the beats but so much that it's overplayed) would be The Odyssey...
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“My office instructed to wire you up to $25000. Wakka Wakka and Merry Christmas- Fozzie”
“D’oh, youth is wasted on the wrong people!”
I’d probably skip the obvious Bert & Ernie as Bert & Ernie, and make them Statler & Waldorf?