Octorox said:

To those that have these, how do the V3 DVD versions upscaled by a good Blu-Ray player compare to the 720p Blu-Ray versions?

What you need to understand is that the V3 DVDs used a very heavy anti-aliasing and anti-ringing method that destroyed a lot of detail, which in the Blu version is all kept intact while still applying anti-aliasing as well as enhancing what detail and color was in the GOUT.

V3 vs Blu is like night and day. No upscaling can save the V3. DJ has said it many times, the V3 isn't even worth being mentioned again. :)

If someone really wants a comparison to understand it, post some full res screenshots in png format of the V3 and I'll post the same from the Blu.