My take is have it be the best possible picture/sound all around, the movie and extras. File size be damned. If it take me 24 hours to download 15gigs whats another couple of hours to get it in better quality/sound.

Anyone can get handbrake to "dumb" it down if needed, pull out the extras etc.... Upscaling on the end user side it a completely different story.

Watched v2.0 on my 100in 1080p projector setup and it was AWESOME. Can't wait for 2.1/2.5/whatever the bluray release is called :-)