That is awesome for a raw scan of a print. I can’t say that the changes to this film bother me as they do for some films. I appreciate the removal of the out of place elements and the correction of the sky. Not sure why they changed the sky in the flying scene. I’d have to watch it and see if I like the new version or not. But as I don’t have this film on blu-ray and my copy is the original version on DVD, I would be very interested in seeing the final product.
The Bluray is obscenely revisionist. Have a look at the Title card:
35mm (optical compositing):
2005 DVD:
Bluray (“glorious” digital compositing):
You know, you are on a site devoted to Star Wars, so calling this subtle difference “obscenely revisionist” is taking it a bit too far. Now the Star Wars SE, DVD, and blu-ray could be called obscenely revisionist, but what Cameron has done to Titanic involves minor tweaks of the sort I wish Lucas had made to Star Wars.