The holiday special doesn't make me cringe as much as watching the 2004 versions. I know a lot here don't like the prequels but people make bad films all the time. The video presentation has got to be the worst for any commercial release and that's unacceptable. I might actually be excited to watch the next version if the color is timed decently. I consider the unaltered dvd's to be of higher overall quality because it was a competant mastering that was state of the art.
The next set needs to have the original versions remastered with all the different audio mixes or else I won't buy it. And I encourage others to do the same. Most people consider dvd good enough that they won't buy the blu-ray if it's only what they already have on dvd. But the Die hards who will buy it for the 20th time, those are the people who care the most about the original versions.
If the blu-ray doesn't have the original versions, rent them.