I recently started watching the Japanese Blu-ray box of The Transformers, unfortunately it’s just the old broadcast masters from the 1999 Japanese DVDs slapped onto SD on BD, MPEG2 encoding and all. Minor composite artifacts, but not too bad.

At least they’re better than the Rhino/Shout DVDs in that they have much more consistent PQ (haven’t compared the broadcast footage on the Shout DVDs, but it might be better), almost perfect film cadence with next to no aliasing, and of course there’s no need to worry about unfixed animation (I think there’s still a couple instances in the Shout DVDs, but not sure).

But a big minus would be the fact that all the episodes (except a handful) only have the Japanese dub audio (which I kinda like since I watch a lot of old anime but it’s no substitute for the original cast), and I think some episodes have minor cuts.

The JP Laserdiscs might be a better option if one has the Domesday86 device, runs a modern Y/C filter and IVTC on the captures, and then adds the English audio + missing cuts. The decoding software for Domesday86 probably still needs some more time to mature, though.