Here's my review:
Picture - From what I can tell, it is straight from the laserdiscs with no tampering done to it to improve it. Simply laserdisc. It can look at bit... pixelated if you are really nitpicky, but I have no complaints.
Sound - pure uncompressed PCM audio straight from the laserdiscs. Beautiful.
There are no menus, but that's worth it to have the best quality of the film itself.
There are chapter stops for your convienence.
I highly recommend this set to anyone who wants the DVDs and who doesn't have a widescreen TV.