Hrm. Someone could get both versions and meld them together to restore the censored audio and any visual cuts for violence or whatever. The non-watermarked version could also be tracked in to cover that little patch with the watermark. That would be the most complete and uncensored version of this cut, no? Except of course, if a widescreen version of this cut were to ever be released. C'mon studio peoples... releasing this cut on a double-dip of Waterworld would make you money. Just think "Extended Edition with OVER 40 MINUTES of EXTRA footage!!". You pull that crap with extended editions that have 8 extra minutes.
Anyway, I'd just like to say I'm still interested in just seeing it. I really hope that both versions make their way to ReverendBeastly and either or both can be uploaded.