I currently own the original Widescreen Edition (1998 Universal). I'll buy the 2003 Collector's Edition, but I'm very disappointed by the paucity of extras: This movie is too good to have this few DVD extras.
One of my favorite movies of all time, for all of the same reasons listed by others here. I own the original DVD, which was released in 16:9 anamorphic, quite ahead of its time.
Unfortunately, it's painful to see a favorite movie come out on DVD with so few Special Features. This was a wasted opportunity, considering the quintessential ensemble cast that made this movie as fun as it is. The movie's 11 years old, and while I'm glad Universal thought enough to re-release it earlier this year with director Phil Alden Robinson doing a commentary track, I think there's much more that could have been done. I can understand the difficulty in tracking down such an incredible ensemble cast after 11 years. But as a consumer, I can say: this movie is too good to have this few DVD extras.
I *will* buy this new version for the following reasons: It's under $15, my existing copy is worn from repeated use, and I have been hoping for extras such as Robinson's commentary. I am, however, disappointed at the waste of potential on Universal's part: The quality of this movie deserves a DVD with a lot more to it.
5 stars for the movie, 2 stars for the extra features.