I think if they were to release the OOT, it would be in some kind of double disc set with one disc for the original version and another disc for the 2011 version, which I’m ok with. Somehow I doubt they will release the OOT completely on its own though. I just wish lucasfilm would put out some kind of collector set with every version, but I know that probably won’t happen unfortunately, which is why I’m creating my own haha.
I do agree that summer 2017 would be nearly the perfect time to do some kind of theatrical release of the OOT. The only thing that makes me think they may not do it is that they have through Marvel, Guardians of the Galaxy 2 coming out in May and Spider Man coming in July. I think they would be hesitant to release another major film in late May, even if it is a re-release of sorts, as they would not want to be competing with themselves like that. Even if they don’t do a theatrical run of it, I don’t think that will interfere with them doing a bluray release.