If you can’t accept it has got some serious faults but it also has good things about it also then I don’t know really.
Ronster, it appears you are mistaking your own subjective opinions for cold hard fact, an approach that has no place in discourse about film (unless it’s to settle whether Greedo or Han shot first, of course). Lots of people, myself included, thoroughly enjoy Friedkin’s original cut, despite - or even because of - the “faults” that you describe. I can’t help but think that your hostility towards some of Friedkin’s artistic decisions was exacerbated by your reading so much about the film before seeing it and, in effect, deciding what the film would or should be before you even saw it. Leave the film alone for a week and then try to come back to it with zero expectations, and see what you think of Friedkin’s “mistakes” then. It’s a difficult (though I wouldn’t say incoherent) film, and it’s supposed to be. The European cutdown being supposedly easier to follow (and shorter) does not necessarily make it a better film.
Nonetheless, I thoroughly support any endeavour to preserve or re-create the cutdown, or do an “integral” combo of both cuts, and would happily do the former myself if I had access to the Finnish VHS I mentioned earlier to get the original audio.