They've done similar stuff to Jurassic Park before...through splicing gave a bird teeth and the like.
If they do have usable DNA they'll need to merge it with another animal like they did with that sex-changing frog in the movie. My best bet would be one of those large flightless birds like the one they spliced to get the one with teeth.
Anyone seen Dinsoraurs!?
I'd like to download those episodes somewhere.....
I've been looking for torrents of the show for months. I even found a site that supposedly has episodes available for streams (can't find it anymore) but I could never get it to work.