The other board commentary suggested that at least the print is drastically improved over the VHS, which was green-tinged. Even though there are flaws, and the print slightly washed out, the color is true(er) and the image sharper. And the sound is clear, if not sterero--shockingly, it was not recorded in Dolby.
"I'm a comedian, but in my spare time, things bother me." Garry Shandling
As for Weidescreen--the filmw as financed by Corman's New World pictures--CHEAP CHEAP stuff, I bet it was filmed basically full frame so this is prob the truest aspect ratio we could get...
Auggie don't be surprised it wasn't stereo--the soundtrack album was but not the film itself. Again this was a budget release--besides which as was discussed here before at that time it was rare for films to be released in stereo--stereo was big for roadhouse, fancy showings of certain films in the 60s but kinda fell out of favour in the 70s (Cabaret was released mono--the DVD is a remix) until that started to change with Star Wars (Still even in 1980 a big studio movie like Dressed to Kill was released mono)