...or for us in Australia
well aren't you guys region B/2? Then you can play the new restored dvd/blu ray on your blu ray players. (Not sure about language though)
The new version aired on Sky Cinema 1 HD in Italy yesterday (May 3 2013). Some viewers say it looked better than the new BD.
I think this movie is important to the Leones for family/sentimental/artistic reasons, to complete the vision of their father, to have their father's final masterpiece finally released as he intended, and not just to make a buck.
If this is true (I have no reason to believe it's not true) it's great news.
CJ, don't be so quick to give thumbs-up; even if this news is true, this may only be an Italian release.... When the news first came down about a restoration, it said the Leone family purchased the Italian rights to the film. I wondered then what that meant for us in America; and when the extended blu-ray was finally released, it was indeed only Region B.... If the Leone family is really gonna release a new and improved extended blu-ray now, I'd hope we get it here in America, too.