Me too, Bloodnose. Just to have a watchable copy of the original Director's Cut, will be awesome. :)
One unfortunate thing with the Italian TV-cut is that the entire opening flashback have completely crushed black levels, but the same scenes later in the film looks a lot better, a few examples:
(these are unfiltered, the final video will look better)
In fact, the entire film is very inconsistent in its contrast/brightness/colors. I don't know, it almost looks like it was cobbled together from several different sources. Sometimes the whites are green/yellow and sometimes the film has a very blue tint. But I really don't wanna mess with the colors on this, I've tried to bring out some details in the opening, but there's nothing there to bring out unfortunately, you just get a washed out gray instead. You could of course use re-edited LD-footage and splice that in as it is in letterbox but then this becomes something entirely different. I don't think it's worth it to be honest, maybe with a better Italian source. So I'll leave everything as it is if that's ok with everyone.
The video is rendered with Leo's nice filter suggestions which makes it more watchable, just encoding left and this one is done.