My suggestion would be 1.85:1 for the main feature and open matte for a bonus version - like Jetrell I'd like to see as much image as possible even/especially if it includes stuff not meant to be visible. Maybe a 1.66:1 version, which is a good compromise, as a separate release for those who want it? 'British feel' as 1.66:1 is/was a European AR that hasn't been used for years and is kind of an anachronistic description for a US film made in the mid '90s, but each to their own :-)

Good job on picking this project up Panther. Still got my off-air VHS but would welcome an SE with all the ld extras! Twohy makes some interesting films.