I was sure the LD had a different color grading; lately, another member did a capture and discover that it is identical to DVD, so at the moment there are two official gradings, LD/DVD/HDTV (open matte, don’t know if exists an OAR version) and BD/HD DVD.
The LD/DVD/HDTV is original (At least the 1999 DVD) and DVD (newer)/BD/HD-DVDbut ths the revised. Already mentioned the current BD/HD DVD doesn’t have very good compression. Would be nice to have a 4K scan with both color timings. Would WB do it? My guess is they’d release other movies first before getting around to it.
My take is the BD is the best video source for current color timing and the HDTV, even though
it’s open matte and better compression (details), for OG color timing. Take note LD and DVD both have lower color space compared to UHD/BD/HD DVD. I even own certain releases of titles from two separate countries and companies with wildly differing color timing.
(i.e. Mona Lisa. The USA Image Entertainment uses a vastly outdated transfer, is a much older release, while the newer UK ARROW Video disc is a brand new glorious 4K scan. Proper color, compression, and film grain retention.
http://www.caps-a-holic.com/c.php?go=1&a=0&d1=6123&d2=6124&s1=57752&s2=57764&i=2&l=1)
A better example would be another stylized science fiction or action film which received a full remaster compared to what the drama received above. Of course if a film has more than one official cut, said cuts need to be directly compared to each other if they vary in terms of color timing.
YMMV.