This reminds me of the ill-fated project to rip the Frighteners Director's Cut and its massive documentary from Laserdisc. Shortly after the LDs were purchased and work began on the transfer... they announced an official DVD. :(
It sucks even more for me because I wanted to get this one and now I'll have to wait. I have no objection paying for the real thing - the covers/menus just looked pretty cool on this one and I wanted to watch it sooner rather than later.