Well, the set at nightmareonelmstreetfilms isn't legit as in "official," but in the sense that the quality is good and you won't get screwed over on a purchase... And you can get the series with discs jammed full of incredible extras.
As mentioned above, the region 2 DVD was "Volume 1" but the sales weren't good so no further volumes were released. There were also more episodes released on PAL VHS in the UK (their tapes included two episodes each as opposed to the US's 1 ep per tape), and a few were also released on video in Australia.
Here in the USA, fans have been nagging for years, with WB just blowing 'em off. A few years ago, WB gave a statement that the master tapes had deteriorated and restoring them was cost prohibitive... then they promptly released the region 2 disc, made most of the episodes available to watch online (unfortunately they've since pulled the plug on the online versions) and began running them on Chiller. Personally, I'm not expecting to ever see an an official region 1 release.
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