As stanton says region coded has nothing to do with PAL. Most Warner Blu-rays are region free but since this is a release intended for the Italian market, regional coding may be an issue.
According to Blu-ray.com
there are some Blu-rays with 50Hz (PAL) content but in the future these may be a rarity.AVForums.com
have discussed the differences between UK and US versions of Pan's Labyrinth
If the Blu-ray matches the duration of the theatrical release, the running time will be about 260 minutes.
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Noodles85 from the DVDEssential.it forum wrote to Andre Leone Films in September 2012 and received a response, roughly translated as follows:
Thank you very much for your email which I have forwarded to the director's children.
One of the reasons that led us to buy back the rights to the film that Leone only wanted to direct and not co-produce as usual, was the mail from fans when the redubbed version of the film came out.
We carried out a complete audio and video restoration, re-inserting into the film the scenes which Leone had to cut to reduce the overall length of the film at the request of the producers. The quality of these scenes is not 'excellent' because unfortunately only the positives held by Leone's family survive but we thought it only fair to give fans the chance to see the film as originally made by Leone.
This version of the film (in English) was presented last May at the Cannes Film Festival.
It is due to come out in theaters on October 18th and is a version of 4 hours and 20 minutes and, in the Italian version, dubbing the original.
I also confirm that Warner will be distributing the DVD/Blu-ray versions for us in November. This will contain only the original audio versions.
I hope you will succeed in seeing the film on the big screen which for me was a great thrill.
Gustavo van Peteghem
SERGIO LEONE PRODUCTIONS
ANDREA LEONE FILMSgvp@andrealeonefilms.it