Well I did message NCircle and got this response. Seems like a good sign!
'The Gumby Movie has all the scenes intact. Yes there was a little tightening from them driving from the farm to the jam session. Very slight, and done for pacing. Instead of showing them drive up to the farm, it cut right to the jam. There is a big scene in there that was not in the original VHS, so the fans are getting the best ever. All the big scenes that were deleted before are back in this version. Plus this is the first time it’s ever been on Blu-Ray in full High Definition.
I hope that answers your question. We are very excited for the Blu-ray/DVD combo in special packaging to hit retailers soon!’