Opinions on formats / versions of films

I've given some thought to the various versions and formats of films that are available and I'd be interested to know what people think.
Here are my thoughts...
For example, if you get a VCD of a film it tends to be taken from the theatrical print (apart from the new meh ah vcds).
As far as I understand it, they simply put the first reel on the first disc, then the second reel on the second disc.
I see this as being the most desirable to someone who might be considered a 'purist', as the film will be exactly the same as it was at the cinema (along with the burnt-in subtitles in chinese and translation into english).
I see this as a great way to have as a basic or 'reference' version of a film, however we all know DVDs are far better.
However, I tend to find as HK issue DVDs are at a very low price point - the quality often suffers especially with regards to the subtitles (I'm looking at you Deltamac!), I suppose simply because what was being read off the theatrical print wasn't checked properly or the timing wasn't kept the same.
Naturally, the issues I am coming across are because I am not a speaker of either cantonese or mandarin - so subtitles are essential to my understanding of a film (most of the time).
I won't go into the IVL remastered DVDs / boxsets - as I've seen that opinion is pretty much divided and with the new fortune star distributor deal coming - I don't see it being an issue for much longer (unless they do the same).
Finally, I think the Hong Kong Legends label is extremely good - they have even started including the original mono for certain titles and the bey logan commentaries tend to be pretty good (I've learnt a lot from them).
However I think they sometimes suffer, for example they make the picture of Jackie Chan (on Dragon Forever) look the largest on the cover. Naturally this is because he is the most marketable to the majority of potential buyers (outside of Hong Kong). If you look at the same film, but the HK version you'll see Jackie, Sammo and Yuen Biao all together. It's just a fact of marketing, so not a lot you can do about it.
In addition, BBFC cuts might need to be made, for example in My Lucky Stars or Eastern Condors.
Thoughts?
Here are my thoughts...
For example, if you get a VCD of a film it tends to be taken from the theatrical print (apart from the new meh ah vcds).
As far as I understand it, they simply put the first reel on the first disc, then the second reel on the second disc.
I see this as being the most desirable to someone who might be considered a 'purist', as the film will be exactly the same as it was at the cinema (along with the burnt-in subtitles in chinese and translation into english).
I see this as a great way to have as a basic or 'reference' version of a film, however we all know DVDs are far better.
However, I tend to find as HK issue DVDs are at a very low price point - the quality often suffers especially with regards to the subtitles (I'm looking at you Deltamac!), I suppose simply because what was being read off the theatrical print wasn't checked properly or the timing wasn't kept the same.
Naturally, the issues I am coming across are because I am not a speaker of either cantonese or mandarin - so subtitles are essential to my understanding of a film (most of the time).
I won't go into the IVL remastered DVDs / boxsets - as I've seen that opinion is pretty much divided and with the new fortune star distributor deal coming - I don't see it being an issue for much longer (unless they do the same).
Finally, I think the Hong Kong Legends label is extremely good - they have even started including the original mono for certain titles and the bey logan commentaries tend to be pretty good (I've learnt a lot from them).
However I think they sometimes suffer, for example they make the picture of Jackie Chan (on Dragon Forever) look the largest on the cover. Naturally this is because he is the most marketable to the majority of potential buyers (outside of Hong Kong). If you look at the same film, but the HK version you'll see Jackie, Sammo and Yuen Biao all together. It's just a fact of marketing, so not a lot you can do about it.
In addition, BBFC cuts might need to be made, for example in My Lucky Stars or Eastern Condors.
Thoughts?