For the first time, UK fans of the show will be able to legally download and watch it on their computer screens - once again capturing the essence of student life in Thatcherite Britain in the early 1980s.
The offbeat humour still has a strong following and is attracting a new audience via blogs and forums, partly due to clips of the show having been made available on BBC Worldwide's YouTube and MySpace channels.
Simon Danker, director of digital media at BBC Worldwide said: "The Young Ones was a massive cult hit when it aired first time round and its continuing fan base marks it out as a truly classic show.
"Making the series available on iTunes will bring it to a whole new audience, while existing fans can relive their 80s memories with a show that literally blasted its way on to the screens.
"Whether you want to watch the Atom Bomb Episode or the final Summer Holiday show, the whole twisted, violently slapstick history of The Young Ones will be available online."
iTunes users in the UK will be able to download an episode to own for £1.89 and all six 30-minute episodes from series one will be available to download today, with the six 30-minute episodes from series two following shortly.
The videos will be viewable on Mac or PC, iPod with video, iPhone or Apple TV.