I bought the UK Blu-Ray release of YOUNG GUNS after reading some of the negative reviews of the US Blu-Ray release - based on the negative comments about the US Blu-Ray release, I was expecting the worst. However, the Blu-Ray was as cheap as the DVD release so I threw caution to the wind. I've just watched the disc and am very pleased: in 720p or 1080p, I didn't see any evidence of the kind of saw-toothing that would indicate an interlaced transfer; there was no evidence of pixellation (the tinted opening credits sequence is processed in such a way that there is heavy grain in the image, as viewers familiar with the film will probably remember - this may create the illusion of pixellation that an earlier reviewer noted); and to my eyes, I really don't see strong evidence that this is an upconversion from a DigiBeta master - that's not to say this definitely isn't an upconversion, but only to assert that if it is, it wasn't readily apparent to me.
The film itself is pretty good, with a solid cast - and Jack Palance and Terence Stamp in strong supporting roles. It's not quite up there with Sam Peckinpah's bleak and booze-sodden PAT GARRETT AND BILLY THE KID, but what is? YOUNG GUNS is a modern Western in the classical mold - there's little that could be labelled 'revisionist' here. It's a well-shot, well-acted, well-written and all-round engaging modern Western.