Film
What Spielberg did in 1993 was remarkable. It seems he always does remarkable things. With this movie, he has spawned special effects into a whole new atmosphere. Movies like Independence Day and Men in Black have benefited from what this movie has accomplished. Spielberg broke his own record for biggest gross by a film in '93 when this movie passed E.T.
If you can live with Dern and Neill, the rest of the movie is entertaining. Decent plot and eye-popping effects puts this on par with the sequel, but that doesn't mean it's better. But this movie is getting a high grade for what it accomplished and the groundwork it laid down for future blockbusters, not so much for its material. This is and will probably always be Universal's biggest hit.
Features
Some features on this dvd were sacrificed in order to make room for the DTS track. All you're missing are some minor-featurettes and storyboards. You still get the trailers, the encyclopedia (which is neat), and the documentary. No problems.
Audio
The DTS track easily surpasses the DD 5.1 track. The DTS track's bass is fuller than the DD and the surrounds are even more active, with crisper sounds and a much tighter mix. The sound is cleaner and even the dialogue is upped a bit. I may even go as far to say that this DTS track is a tad bit stronger than the "The Lost World" one.
Video
This is the exact same transfer that the DD received, which means both transfers are perfect. Not a speck of dust or dirt can be found here. And the coloring is very rich, with deep blacks and strong blues and greens. The film is 4 years older than "The Lost World", but I thought the transfer on this film was a tad bit better than its sequel. Great for the eyes.
Overall
This is one of those few "must own" dvds for fans. I like "The Lost World" better than this one, but I still have to give this a very high recommendation just for the dvd quality. Before you buy, I still suggest taking the DTS version, much better sound.