As others have mentioned, the video compression artefacts are unforgivable on this disc. I get better quality recording from my standard definition cable box to my Mac and burning to DVD.
In the USA the most popular motorsport is Nascar and the image quality on some of the Nascar broadcasts is noticeably superior to F1 broadcasts to start with (it is clearly much more than just a PAL-NTSC conversion issue), so then to allow further degradation in the season review is insulting. It is bad for the image of F1, which bills itself as the technological pinnacle of motor racing, to have a cheap and nasty "official season review". Since I'm a photographer and film maker myself I find the flaws noticeably distracting. It takes me "out" of the event, the opposite of the effect intended.
Then we get to the content. This was a vintage year for Formula 1 fans, featuring Michael Schumacher's last season, an epic fight between him and Fernando, Williams' coming apart at the seams, McLaren embarrassed to not win a single race, Montoya and Villeneuve throwing in the towel, Michael's parking problem in Monaco etc etc. So in some ways the producers can't lose... but it was still disappointing.
I found the commentary bland and poorly written with some odd turns of phrase. For example at one point Fernando is "taking on more tires". Sorry, you don't take on more tires, there's no room. You change tires, or you take on more fuel. Further, moments that were incredibly dramatic at the time are glossed over with all the passion of a computer speaking your weight. If this is the official review, then I would prefer to buy an unofficial review, were it available.
In my opinion, the guys who do the US broadcast commentary on Speed Channel would do a vastly better job than this disc. Their season ending tribute to Michael Schumacher was much better then the one on this disc. For example they actually tell the viewer what the events on-screen were (the famous deliberate collisions with Hill and Villeneuve, the incident in Monaco) and why they were pivotal events in forming Michael Schumacher's reputation and legacy as an icomparable racer, an all-time great, but with a few severe lapses in judgement here and there. They would probably also have explained the significance of a few other things that the video editors included, but failed to capitalise on. For example the story behind why Mikka Hakkinen turned up for the final race in Brazil. Michael let it be known that Mikka was one of his most feared and respected adversaries in his entire career. When Mikka heard that he made a special trip out to Brazil just to see Michael's final race.
I understand that space is limited on any production, but for the year that Michael Schumacher retired, I feel a dual-disc Deluxe Edition as a more upmarket option would have made sense. With better image quality and more room to go in-depth it could have been a vastly superior product, leaving this single disc production as an entry-level affordable choice for those on a limited budget.
I do appreciate one aspect of this DVD that salvaged a 3 star rating for it - the extra candid (non-race) footage was varied and well-chosen. The interview with Chris Dyer, the demo of an F1 refuelling rig, the driver-narrated qualifying laps and numerous other bit and pieces here and there were very interesting. The slow lap of Monaco narrated by Tiago Monteiro on a scooter, intercut with frantic full-speed race footage of the same route was fantastic, it really heightened the sensation of F1's crazy speed on such a tight road course. A lot of the extra footage was not seen on the US broadcasts, so for those sections alone this disc is something of a must-have for US F1 fans.