Aleksbmw said:
Im thinking of releasing a blue ray format release also, since whats the point in IVTC the whole thing then cramming it back into interlaced for a dvd. Progressive > interlaced.

(Pedant: it's actually "Blu-ray")

If done correctly, the MPEG2 video on a DVD is actually encoded as progressive. The framerate is made up from 23.976fps to 29.97fps by pulldown flags in the video stream. A progressive scan DVD player will reconstruct the original film frames on playback.

However, the disadvantage with the DVD-Video format is the MPEG2 encoding itself. Encoders tend to struggle with losts of random noise which can lead to compression artefacts. It would actually be a good idea to use a more modern AVC/h.264 encoder such as x264 which can better deal with the noise present in the source. Standard definition video would of course not need to fill a full BD-25 disc, but a DVD-9 sized AVCHD disc or MKV file would be a excellent choice.

Technically by the way those owning the re release gout dvd can watch mine with no trouble since the master tape is basically the same.

True, but the master tape - and the laserdisc - has more vertical detail, as the GOUT DVD has had some filtering in the vertical direction carried out.