Which dvd are you talking about?
The R1 release by MGM looks like a pirate VHS copy. But the transfer issued by Paramount in the UK on the 2 Disc Set, not the 1 Disc CE, was stunning and one of the best looking dvds I had. I thought the Blu-ray would look better with the stunning detail, grain structure and film densities shown more precisely. But it just looks like an upscale of the dvd with the EE and DNR more apparent than the dvd itself. The dvd, low res or not, does'nt atleast look digitally manipulated on a huge screen. But the Bluray does. So how on Earth can you say that the bluray looks better.
I think Paramount just took the lossy 1080i Scan they did for the 2 Disc DVD, DNR'ed it, Sharpened it, upscaled it to 1080p and put it on blu-ray. This is nowhere near the treatment a movie like this should get. I love steelbooks, but I'd buy an amaray with a better transfer over a steelbook with a bad transfer anyday, even if I have to pay extra.