In the strictest sense, a preservation of the GOUT would be a rip of the DVD, available online after GOUT discs are no longer available in stores. It would preserve the GOUT release for future viewing, and nothing more. By that very, very strict definition of a preservation, V3 is not a preservation, because it is not an exact copy of the GOUT. It has been resized/cropped so as to appear correctly on widescreen TVs, and the colors have been fixed. Now, I think we all agree that this was a really great idea, because it puts the GOUT looking a whole lot more like the theatrical version, as it should, but it doesn't meet the strictest possibly definition of a preservation.
Thankfully, we're not using that strict of a definition of "preservation" on this forum.