The important thing to realize is that Lynch didn't WANT to make a continuation in '92. His heart wasn't in it - what he cared about was revisiting Laura Palmer because it was her disappearance from the show that had soured him on it in the first place. Lynch is an artist who ONLY makes works he really wants to make. A continuation tying up cliffhangers in 1992 might have pleased fans more but his heart wouldn't have been in it.
I think he was right - without a head-on exploration of Laura's final days something is missing in the Twin Peaks saga. The whole story is about getting closer and closer to her and her secrets; there's hardly a scene in the pilot which doesn't circle around her. Even if she was intended as a MacGuffin, she had become so much more by the time her killer was revealed. The show never was able to escape her shadow though it tried.
One other thing: a continuation in '92 would probably have been a practical impossibility. MacLachlan was barely coaxed into a cameo, let alone a starring role. Numerous other cast members had soured on the show's legacy and were trying to run away from it (some would have been keener on a sequel than prequel, but many would not have been).
Now, 25 years later, we can have our cake and eat it too: a new miniseries dealing with the fate of good/evil Coop, a book which will probably do most of the heavy lifting as far as the town's fate, AND a movie giving us the texture of Laura Palmer's last 7 days, the vortex of the whirlpool which is Twin Peaks' narrative. The first two are possible in 2016, the third would not have been (among other reasons, Sheryl Lee obviously can't play a teenage Laura Palmer now - or even very long after FWWM). More than ever, Lynch's decision to seize the opportunity and finally tell Laura Palmer's story (her actual story, not merely a forensic glance in which she remains the out-of-reach "dead girl") looks like the right one.
reply
share