PAL is frame for frame the same as the source material. The 4% speedup is noticed by something like less than 1% of people - and then it's only the sound. There have been advancements in technology that allow this to be less noticeable. On the other hand you have NTSC's jaggies caused by the 2-3 speedup, which is noticeable by far more of the public than the audio problem in PAL. I notice the ugliness of NTSC's system.

NTSC:
Lines/Field: 525/60
Horizontal Frequency: 15.734 kHz
Vertical Frequency: 60 Hz
Colour Subcarrier Frequency: 3.579545 MHz
Video Bandwidth: 4.2 MHz
Sound Carrier: 4.5 MHz

PAL:
Line/Field: 625/50
Horizontal Frequency: 15.625 kHz
Vertical Frequency: 50 Hz
Colour Sub Carrier: 4.433618
Video Bandwidth: 5.0 MHz
Sound Carrier: 5.5 MHz

You can't sit there and tell me that the resolution doesn't matter. If that's the case then I suppose you don't care if DVD is anamorphic or not? After all, the 16:9 screen area in Non-Anamorphic PAL has 432 lines, Anamorphic NTSC has 480 lines. Non-Anamorphic NTSC has 360 lines, Anamorphic PAL has 576 lines.

Now as far as 2.35:1 goes, it has just 272 lines or resolution in NTSC. This is what our beloved NTSC Star Wars Definitive Collection LaserDiscs are limited to. PAL would have 50 more lines. That translates to about 20% higher resolution. Pal releases are no longer NTSC-2-PAL jobs except where absolutely necessary - if the source material allows for it it is mastered directly to PAL. Therefore the September release of the Star Wars DVDs will see the PAL release have a much better presentation then the NTSC, and like I said watch it on a computer and you can de-speedup it to 24fps exactly how it was presented in Theatres.