Peter Gabriel's 1994 "Secret World" tour is the only one he has brought to Australia, and what I witnessed and thoroughly enjoyed in Brisbane, with family and friends, was a reduced stage design from the gala installation which we see in this film - but there was no scrimping on showmanship, musicianship, audio quality or lighting.
The new - July 2012 - version for Blu-ray is VASTLY superior to the 2003 DVD in video quality - it makes that DVD look more like poor VHS quality. The 16mm film has been newly transferred at 2K resolution (cinema projection quality) then each frame was fully restored and then the colours and contrasts were expertly balanced. You could not hope for better quality - the improvement over the 2003 DVD is truly astonishing.
The audio quality of the Blu-ray will sound very similar to the DVD for most listeners - because these are same high quality stereo and 5.1 surround mixes as were used on the 2003 DVD - with the improvement for Blu-ray being that the stereo track is in uncompressed PCM (rather than the DVD's Dolby 2.0) and the surround is in lossless DTS HD Master 5.1 (rather than the DVD's compressed DTS 5.1 and Dolby 5.1 options). The surround mix was made from the original multitrack tapes - and creates an enveloping and creative soundscape (it's a whole world away from that business of applying synthetic treatments to a stereo track in order to invent a phony 5.1 surround track).
The Blu-ray has the same extras as the 2003 DVD, but with a preview for the New Blood Blu-ray/DVD rather than for the Growing Up DVD, and the welcome bonus of a "Secret World" tour performance of "Red Rain". For any Peter Gabriel fan, this a must see as a state of the art memento. This is one the world's greatest bands having the time of the lives, being inventively filmed, perfectly recorded - and with the benefit of the most respectful and appreciative of audiences.