Awesome news. MM2 was screwed up by somebody with this fresh HD scan of the Australian uncut neg. The cinematographer has gone on record with how difficult it was in the labs to push the IP for release prints to get that dark saturation and deep red/browns of the desert. Thus it isn't this way on the negative, and that's why the BD is the way it is. They did not replicate the post-production processing, and the US DVD utilized some print/IP of the edited US release version which maintains the intended look.
BTW, the boxset has the new encoded disc, but ironically if you were like me and got them seperately-the new MM2 disc has the same individual cover art but has been bleached of color like the feature itself!
Interested to hear if there are any differences in LD audio Jonno, I oved you old track and had long wanted the remastered LD.
Thunderdome looks and feels correct on BD. The transfer feels more natural and less video-ey than the poor flipper DVD. The 5.1 isn't bad but I still prefer the dirtier matrix original.