E.T. 20th Anniversary Edition HD sounds reasonable. It’s not quite a remastering or a preservation. It’s a reconstruction in a way, but only in the sense that many HD shots are being replaced with less compressed HD shots.
edit: Oh, no plans for a menu (though the release does need a title anyway). If someone wants to make one that’s fine. But I was just planning for a blu-ray compatible MKV.
Do we have special features that are missing from the BD release? It might be a nice idea if there are some about the making of the SE. Just attaching the extra part of the credits for all the people who worked on the 20th, it was a fair bit of work that went into this very silly production.