Fang Zei said:

Thedigitalbits broke the news that the Godfather films will almost certainly be hitting blu-ray on 9/23.

An unaltered restoration of the Godfather films will hopefully help Lucas get the picture.

If the latest Blade Runner release didn't help Lucas "get the picture" what makes you think a Godfather restoration will? This is a serious question. The Blade Runner set is, in my opinion, exactly the way Star Wars should be released. He could even do the same options. A "final cut" of the 6 Star Wars movies, a slightly bigger set that includes the original unaltered versions completely remastered, and then possibly a final set that includes the workprint (or maybe just the version with the Biggs scene), if any, of ANH. Since the difference between the original release of Star Wars and the first rerelease is only a minor change to the crawl (might be some audio stuff too, not sure) then a seemless branched DVD would be perfect for that.

Of course, a "Final Cut" of the 6 movies probably wouldn't work for Lucas since he'd want to change them again in a few years. And, as the name suggests, a final cut is final. That shouldn't stop him from simply releasing a "Director's Cut" though.

I bought the briefcase version of Blade Runner so there's obviously a market for that type of set. There is nothing stopping Lucas from doing something similar. He simply doesn't want to do it. In my opinion, every classic movie could get the "Blade Runner treatment" and it wouldn't change Lucas' mind one bit.