This post from the lddb is very relevant here and in general
That is interesting about old home video releases having their colors altered to make up for inaccurate TV sets. Would you still trust the 35mm scan that has been done over the LD in this case? I do know that a lot of people were saying that it is way to oversaturated and blown out (maybe it was unique to that specific print)
I wouldn’t trust the LD at all. It’s clear from the 35mm that the theatrical presentation bears no resemblance to the early home releases.
I’m trusting Bill Pope that the UHD is how it was supposed to look.
I think its clear that the 35mm theatrical presentation had so much extra processing in it that made it basically unusable for the home release.