Darth Lucas said:

Then I suppose you could do a color correction on the bd to more closely resemble the dvd so that the edges aren't as noticeable. I just feel that if the EE DVD color is what we're shooting for, this would probably be the best and most accurate way to accomplish this. Even slightly cropping the BD, while not ideal, would still be better than crappy colors.

I agree. Far better to have a slight crop of the blu-ray and 100% accurate EE DVD colours than no cropping and 90% accurate colours IMHO.