Of course, the version I'm doing is a hybrid of the HBO and ABC versions, plus the complete version of the Bathing Suit song. I'd love to see what you think of it.
As far as my edit goes, I brought down the brightness just enough to restore the black levels. Yancy Woodchuck no longer looks like he has little square flies buzzing all around him. By doing this (and adjusting the color rather than brightness on the VHS material), the different sources match up better than before. This may be as close to perfect as I can possibly get. I'll lose my mind if I can't have this done soon.