I don't mind the 4:3 format as this is the format it was shot in, and I rather have the original format than a re-seied to 16:9 one (as with queens videoclips dvd's).
On the plus side, the show now contains the warming up show, the extreme medley, metallica etc. But alas, it's still not the complete show, robert plant and some others are left out. Picture quality is the old vhs-tape upgraded to 1080. It looks better than the 'old' dvd, but quality is still nothing compared to a blu ray quality. Even upscaled and even better than before, long audience shots are still blurry. But as said, it's better and perhaps the best it'll ever be. Sound is good and due to beeing it a BD there is not much compression.