Likely not - but the kind of crushing and blowout on modern transfers is comparable to "loudness war" re-EQ'ing of older music on modern re-releases. The original theatrical prints didn't have the full range of negative detail either, but the way it's handled now wipes out detail that WOULD have shown up on theatrical prints.
The Star Wars films are another example I can think of. The modern releases crush the blacks to the point that many of the stars in the space shots are just gone. But some of us have seen original 35mm theatrical prints, and even though they have higher contrast and less detail than the negatives would, the space backgrounds are loaded with stars.