The nature of John Peel's programmes makes any attempt to recreate a Peel show on record likely to wind up with a strange and beautiful compilation album; it's hard to picture any other concept for a compilation winding up with this sort of collection:
Small Faces, Thin Lizzy, Aswad, The Damned, Medicine Head, The Jam, The Slits, Funboy Five, The Cure, Linton Kwesi Johnson, That Petrol Emotion, Extreme Noise Terror, Ivor Cutler, Mercury Rev, Milo, Bloc Party and many, many more.
This is what is going into a four disc set Kat's Karavan, which also promises:
some clips of John’s own links appear from time to time
Turns out that there's not more of this because the BBC hasn't got any of Peel's stuff in the archive. (None at all? Presumably they must have saved the last programmes for the World Service at the very least?)