Tim's gigantic family packs the courtroom, joining legions of other supporters.
Not on hand is Jim Broderick, called out of town on a family emergency. But from their crime farm in Holland, Selma and Richard Eikelenboom traveled to Colorado.
The state confirmed the Dutch DNA results, and with that, the prosecutor takes bold action, instructing his deputy to move for Tim's immediate release. With that, the hearing abruptly ends. The states' witnesses never even testify. And, after more than nine years, Tim is suddenly a free man.
"How would you describe what this feeling is like?" Spencer asks.
"Just imagine, well I don't even know if you can imaging spending all that time up there in prison and finally being free after all these years. I don't even know how to answer that question," Tim says.
But he is determined to try. Three days after his release, the state drops all charges against Tim, but prosecutors still won't officially clear him of Peggy's murder. "They still have him on a leash, I mean even though - just because your case is dismissed nobody's ever come out and said, 'Tim Masters did not commit this crime,'" Liu says.
The DNA that freed Tim leaves lingering questions about Peggy's ex-boyfriend. He today lives in Fort Collins, keeping a low profile. Zoellner didn't respond to repeated attempts to contact him.
The Colorado attorney general now has the Hettrick case, but won't comment on it.
Asked if absent of a confession, anyone will be convicted for this crime, Liu says, "No, I really don't. Since Richard Hammond is deceased, their defense attorney is gonna say, 'Look at this guy, he's the one that did this.' There's no way."
He still may be the defense's favorite suspect, but using a sample of Hammond's DNA provided by his wife, the state says he has been ruled out as the killer. "There is no evidence tying to Dr. Richard Hammond. He just happened to live in the neighborhood," says Don Quick.
The court never ruled on whether the original defense lawyers did their jobs, but Erik Fischer accepts some blame. "Great day for Tim Masters, not really a great day for me. I am upset that this happened and happened on my watch."
If the original prosecutors are upset, they're not talking. Both were publicly reprimanded and fined for failing to disclose information to the defense.
By then, they had been promoted to judges. But Tim doesn't blame them for what happened. "It's pretty obvious who did this to me. It was one detective, Jim Broderick."
Asked what he would say to Broderick if he sat across from him, Tim says, "I wouldn't talk to Jim Broderick at this point. I'm not gonna say it on camera."
Broderick, the man who pursued Tim over the decades, is under investigation. Looking back, he makes no apology for his actions. "I believe that I followed the evidence, OK? And the evidence pointed to Tim Masters."
"They find the ex-boyfriend's DNA inside her underpants, on the cuffs of her blouse," Spencer points out. "Does that not give you any pause?"
"Well, you can find DNA evidence and it may have an innocent explanation," Broderick says.
Ironically, Broderick says Tim's lawyers only had that crucial information because of him and his passion for saving everything. "That characterological trait of mine, of wanting to hang onto the information, not knowing its future use has helped Tim Masters because had I not done that, it wouldn't have been available to be tested."
He says everything, including Peggy's clothes, would have been destroyed.
That may not mean much for Tim, struggling to put together a new life. He's got some unlikely new friends, like Linda Wheeler, the first cop to ever suspect he was guilty, Maria Liu, whose office he still regularly visits, and Barie Goetz, who traveled to Amsterdam with Tim to appear on Dutch TV with Richard and Selma Eikelenboom.
He has a new apartment with no guards, no orders, and no rules. "For the last two years I was in a six-by-eight cell, which was about from this wall to that wall and about to here," he says, standing in his bedroom.
Not surprising then that he relishes walks in the great outdoors.
"I'm glad for him. I'm glad for him that he has his freedom," says Peggy's brother Tom Hettrick, who long has long doubted Tim was his sister's killer.
He greeted the news of Tim's release with mixed feelings. "But I'm also measured because I want people to realize this is not over yet."
"Peggy is the ultimate victim in this. Tim Masters got to go home. Peggy's not coming home. She's never coming home. She comes home in your heart and in your mind," he adds.
And the murder that so shocked the peaceful town of Fort Collins more than 20 years ago seems as big a mystery now, as it was back then.
Tim Masters is suing Jim Broderick, the city of Fort Collins and four prosecutors involved in his case.
Star prosecution witness Reid Meloy says authorities withheld crucial information from him and he now plans to testify for Tim Masters in the lawsuit.
Produced by Joshua Yager, Taigi Smith and Marc Goldbaum