I also have the 3 disc super vcd theatrical telecine of attack of the clones missing the end titles, and of course i have the Zion edition theatrical boot of revenge of the sith.
from what i read the phantom menace had to be remastered for its official dvd release.
The image on the vhs and even the japan laserdisc is very grainy.
I have heard there was a dvb of phantom menace, have even heard there may be an HD version of the theatrical out there someplace.
the sound mix on the laserdisc is simply phenomenal even when played back simply in stereo, i am sure someone with the equipment to decode dolby digital ex would agree. I'm going on memory here but as far as listening to the laserdisc goes as far as i can tell this is the theatrical mix, much more dynamic than the remix 5.1 on the dvd.