I guarantee you that isn't going to happen. Toho has control over that title, including most of the American edit. The only portion they don't have control over is a bit of music used during the Raymond Burr scenes which has been proved difficult to relicense, hence the exclusion of the US version on the recent blu-ray.
Even without the bit of licensing problems, with Toho it's always "no-ho."
However IF they did manage to get it (and they didn't), that would provide hope for a Godzilla vs. The Sea Monster MST DVD.
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