Well, lets see. It was super difficult to get western Macross releases to happen during the anime boom, now %90 of the revenue is gone and still no NA release of DYRL (beyond its first VHS release in like 1985 or whatever). Still no Frontier, 7, Zero, Flashback, or Delta.
I wouldn't hold out hope. If you like it that much pay $700 for the import.
I personally wouldn't since this is extremely cheap and crude anime that was quickly drawn into A4 sized cels and made for TVs that were only slightly larger. My LD box will do just fine.