I am not exactly sure what problem people have with this release. I saw the "Theatrical Cut" in the cinema, a version that combined the two films together with a patronising american voice over, and it was amazing, now having the chance to see it in its original form is even better, not only are we introduced to a new series of plot lines, but new characters and a film that deserves to sit up there on your shelves.
This is not a random martial arts film, this is John Woo's Epic. It is not simply about two armies beating the hell out of each other, but a multi layered narrative about friendships, warfare and philosophy. The use of the tea making ceremony is incredibly important.
I'm not quite sure what problem people have with the subtitles, I can read them on a 32" HD TV, and if you want to skip the trailers, just fast forward, it's not complicated.
My only problem with the discs is that I would have liked a few more special features, but thats personal taste and holds nothing against the film.
If you don't want to think, and just want to watch bad martial arts, go and watch a film with Jason Statham, if you want something that is entertaining and beautiful, I recommend this film.