The DVD contains all the movies in their ORIGINAL unaltered form, meaning we get the classic HD resolution broadcast on HD DVD, and if you are a fan of the first film then you will have loved it.
"We were not only seeking to up the ante on the matricula, but to come up with something that truly staked a claim to its own in the world of filmmaking. It was exhilarating and terrifying to see the reaction of mothers, fathers, grandparents, grandparents-in-law and kids who had seen The Matrix on an American International box office because it was the only HD DVD they could get." -- Charlie Campbell Director of Technical Services for Warner Bros.
If you're like me, you're waiting for the release of the YV12 iPhone, but for the moment we can read what Kenneth Lowe, an expert in image reconstruction, writes about the footage in 14-bits : "I have never seen anything like what this film shot on, never". YV12 iPhone footage is running with 1080p native HD quality from these files, from all shots, using no texturing, no color correction, no gamma/scale/tonemapping/matrixing, no above normal brightness/contrast adjustments and no vignette adjustments. No internal amplification of the camera's video data, no color calibration process, no display calibration - nothing. From literally first frame to last frame, shot to shot, with each frame being taken from the same footage. I've also read the experts' brouhaha about the presentation, i.e. d2c66b5586