It would be pretty stupid to have destroyed the originals for all future to come. I simply do not belive that he's done that.
But if he was to restore it and release it proper on Blu many people would not be satisfied. 5.1. mono, 35mm stereo, 70mm 6 channel? Just to name a few things about the audio... There is to much knowledge nowadays and people are to anal to be ever satisfied. It's kinda a lost cause me thinks. I hope I'm wrong. But I'm pretty sure I ain't
Good thing though that he didn't put out anything from the '04 high def master on blu&HD DVD's in it's youth.
It might take a couple of years or more, but than it would look good, with some more tweaks perhaps, that we all love heh heh