I dunno....I think I prefer the intended theatrical aspect ratio. I mean, who am I to say "Oh, this is the REAL version" when I know good and well what the artist was intending.
Framing is just as important to a filmmaker as it is to a photographer. Things like mood and visual drama can be enhanced when framed properly. A feeling of distance between characters, or claustrophobia in a space.....it's all enhanced by the framing. Just because a film stock is cheaper in Academy Ratio, doesn't mean that the artist wanted us to see it that way. It was common practice to frame a film in widescreen and shoot it in 1.33:1, the theatre woud have instructions on how to matte the film. Sometimes the matting in the theatres wouldn't work properly, or they simply wouldn't matte it at all (because that took time). DVD, however, gives the filmmakers a chance to share their original intended vision of the film for everyone to share...just how they wanted it to be seen.
Unfortunately, a lot of consumers would rather enjoy a ratio of their own choosing regardless of the artists intention...simply because they think it is better.
I'm not saying that the artists intended ratio is the only aspect ratio out there (goodness knows that we've been getting open matte fullscreen transfers for years). I'm just saying that when someone speaks of OAR, they are referring to original theatrical aspect ratio (live action or animated films), not originally shot aspect ratio.
I know I'm going to get a lot of flack for my opinion on this.....::shudder back in preparation::

......but I am a true beleiver in the artists vision of the film and the original theatrical aspect ratio. Perhaps Disney can appease both crowds by offering their film in both the OAR and the open matte fullscreen transfers (the way they were later shown on television).
EDIT: I found this site off a link from here at ultimatedisney, that might be able to explain better my feelings on wanting the matted films (a process called soft matting):
http://www.widescreen.org/widescreen_matte.shtml
Keep in mind that the examples given on this site also have open matte fullscreen transfers available out there...and some people are calling them OAR.
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