The comedian told DS that he and his ex comedy partner Stewart Lee have considered buying the rights to their mid-'90s material from the BBC and producing DVDs of the shows via independent firm Go Faster Stripe.
Asked if Fist Of Fun or follow-up TMWRNJ could ever see an official release, Herring said: "There's a possibility that we might do it ourselves. We're just looking into buying it and doing ourselves.
"I think it would cost us something like £10,000 a series to buy them off the BBC. There would then be other costs obviously and I don't know what the the issues are with paying the actors."
He added: "I think that's a better way to do it, because if we do it through the BBC they'd f**k it up and they wouldn't promote it, and even if it did sell we wouldn't make any money off it.
"If we can work it out I think we're both kind of happy to do it so it can exist. We might do it a series at a time and see how it goes. It might happen."
Herring also suggested that there were "probably hours of extra material" that never made the first series of Fist Of Fun, including "much longer versions of lots of the sketches" which could be in the vaults.
> Click here to read our full interview with Richard Herring