I have to say though there are a fair few people out there with just a basic 28" or 32" widescreen tv with a low-mid range dvd player and no special speaker set-up etc - though maybe it's just me

Having both the anamorphic set and the TR47 (letterbox) sets I have to say from a picture point of view I prefer the anamorphic set as it fits better on a widescreen tv - though this is just my personal preference. Sound wise the TR47 set is a lot better than the anamorphic set - YET that by no means should give people the impression the sound on the anamorphics set is poor, it is not - it's just not quite as good.
As for the dual-layer set - a fair few people on here - whose opinions I respect - would have to be impressed with it before I'd consider buying it. For me, I won't bother with the current dual-layer release. Though I do look forward to seeing the work of Laserman and others doing a similar job when their workings are finished.