If as a purist you have been discouraged from watching colourized versions of black and white films, I urge you to buy this! The colourization effects in "Holiday Inn" are quite simply breathtaking, the range of colours employed is consisitently impressive and of 100% realistic nature. The quality of the image is crystal clear, there is no colour "bleed" and in each frame everything is perfect. The early attempts at colourization were quite frankly pretty appalling, but this is something else.
So - do buy this - you won't be sorry - and if on occasion you prefer to watch it in b&w, you can still do so - this is a two disc set.
I've no idea how much it costs to colourize a film to this standard, but it makes you wish more could be done! Not film noirs obviously, but some 30s/40s films that screamed for technicolour and were yet filmed in b&w - The Sea Hawk with Errol Flynn, Betty Grable and Alice Faye in Tin Pan Alley, even King's Row possibly - we could all suggest our favourites. Not all of these are even available on DVD. Imagining them coloured to this standard would be truly marvellous.