I'm all for a Tron fan edit of some kind. When I was in film school a buddy of mine and I skipped class to get the DVD when it came out, and after watching it we discovered that its a pretty slow moving film in spots. There are full stretches without ANY tension. I think the effects and music serve it well, but maybe someone can think of a way to bring in some actual drama to this film.
(Note: I say this as a HUGE "Tronverse" fanboy, but I'm also a realist.)