In preparation for working with the Blu ray, I thought it would be a good idea to determine in what ways it differed from the DVD. Looking at the pink flashes and the highlights, it seems to me that the DVD is actually better than the Blu ray. The Blu ray seems to turn the highlights red to a greater extent than the DVD, and in some cases the highlights actually have less detail than the DVD!
I used a screenshot of the Blu ray that I found online for this comparison. The highlights are clearly blown out in the Blu ray, and also in the GOUT for this shot, though I didn't include it in this comparison. Despecialized seems to fix this problem to some extent, but some detail has already been irretrievably lost in the Blu ray, such as in the bright part of Luke's hair and the ridges on his armor, so it's obviously not present in Despecialized in these places. I'll continue examining the Blu ray, but I'm disappointed that the DVD is a better source in some regards than the Blu-ray.