And the answer is absolutely YES!

I won't get caught in the main synopsis of the movie, I'm guessing you know the story and the actors. If not you should be asking your self where have you been the last twenty years or so...now lets get into it!

Video Quality on this release is in full 1080p using the MPEG-4 codec on a BD-50 (50 gigabyte dual-layered Blu-ray Disc). This is a great catalog release. It is so refreshing to see a studio not attempt tweaking the original image with digital noise reduction and edge enhancement. This is a faithful to the source transfer. Clarity and resolution is where this transfer shines, all the little signs, switches, knobs and so forth are all clearly defined displaying an excellent depth of field. Colors are nicely saturated and accurate displaying good natural hues.

As for the Bonus Materials: these are presented in Standard Definition 480i and High Definition 1080i with Dolby Digital 2.0 sound.

* BD-Live - Keep in mind that BD-Live requires the user to be on a "Profile 2.0" capable Blu-ray Disc Player and connected to the Internet to access online content via the studio (in this case Sony). Once online you can access content such as downloadable trailers for other Sony Blu-ray Disc release upcoming and already available. Title specific content in this case is actually included. 2 different Ring tones are available which are just dialogue from the film. Standard rates apply to get these I'm sure, nothing is 100% free these days.

* "Cinechat" - This BD-live application allows viewers to chat with friends and family while watching the film. A easy to understand tutorial is included.

* "Slimer Mode" is a Blu-ray exclusive feature that is using Bonus View which requires the user to be on a "Profile 1.1" or higher capable Blu-ray Disc Player. If you are capable of it, this is worth the time to watch all the way through. A neat "Ghostbusters" border frames the film while it's playing; at the same time a Picture-In-Picture track plays interview clips featuring the cast and crew looking back at the production. It is complemented with additional still photographs and behind-the-scenes video. A pop-up trivia track is also inserted into the mix, showcasing interesting facts about the film and its shooting locations.

* "Blu-Wizard" - A BD-Java feature that will allow viewers to create their own play list of special features by selecting only those of interest. Once activated, a pop-up marker indicates when that particular feature is available to view.

* Audio Commentary - Director Ivan Reitman is joined by co-writer/actor Harold Ramis and associate producer Joe Medjuck. It is unfortunate that they weren't able to update the commentary (originally recorded in 1999 for the DVD release) with thoughts from Bill Murray, Dan Aykroyd, or Sigourney Weaver. This is very informative track but unfortunately it comes across as dry. Opcional subtitles are included.

* "Scene Cemetery" (9 minutes - SD) - This is a collection of 10 deleted scenes that while fun to see in their own right aren't missed in the film.

* "1984 Featurette" (9:45 - SD) - This is a fun vintage featurette shot for the original 1984 release. Featuring behind-the-scenes footage and short interviews with cast and crew talking about the various aspects of making this beloved movie.

* "Cast and Crew Featurette" (10:53 - SD) -This is a short 11 minute featurette originally recorded for the 1999 DVD release.It is a collection of interviews with Ivan Reitman, Dan Aykroyd, and Harold Ramis talking about the film and its impact in general.

* "SFX Team Featurette" (15:22 - SD) - This is a panel discussion with the original F/X team.They discuss their experience of working on the film.

* "Multi-Angle Featurettes" (SD) - This is broken into three sections: "Spook Central Exploding" (2:49), "She's A Dog" (2:00), and "Crossing the Streams" (1:23). Here you can watch the rough video and animation work in before-and-after stages from three particular scenes.

* "Storyboard Comparisons" (SD) - Also broken into three sections: "Slimer" (2:13), "Dogs Drag Dana" (2:09), and "Atop Spook Central" (2:04). you can watch the hand-drawn storyboards and compare them to the film's finished cut.

* "Ecto-1: Resurrecting the Classic Car" (15:37 - HD) - Sony and the filmmakers had the hero car restored to its original glory for the promotion of "Ghostbusters: The Video Game". Interview clips include Dan Aykroyd and the talented crew of people who worked on the refurbishment of the 1959 Cadillac Miller-Meteor Ambulance. The real treat is seeing the process of breaking down the car and building it back up to look better than it ever has. Once it is restored Dan Aykroyd was invited to see the Ecto-1 in all it's glory and it is a pleasure seeing the genuine joy he displays at being reunited with the old girl.

* "Making of Ghostbusters: The Video Game" (11:18 - HD) - A promotional fluff piece for the video game has the cast and creators sharing their thoughts about the game and its storyline. Brief clips of the video game are interspersed throughout. The game looks like a fun trip down memory lane. The graphics look authentic to the "Ghostbusters" films.

* "Ghostbusters Garage: Ecto-1 Gallery" (HD) - This is a beautiful slide show highlighting the restoration process, whilst Elmer Bernstein's music plays in the background.

* "Ghostbusters: The Video Game Preview" (1:43 - HD) - Simply this is the trailer for the now available video game.

* Theatrical Trailers (HD) - A collection of previews in HD `The Da Vinci Code: Extended Cut,' `Close Encounters of the Third Kind,' `Men in Black,' `Fired Up!,' `Paul Blart: Mall Cop,' `So I Married an Axe Murderer,' and `You Don't Mess With the Zohan'.

Hope this was useful.
At the end if you ask me this si a must have!

I received the DVD a few days earlier than expected, and in an unexpected way.

There was a knock on the door, it was maybe 2 in the morning. I don't really remember. I slowly got out of bed and peeked through the doorhole to see who it could possibly be.

It was Bill effing Murray. Dressed up as a ghostbuster. When I opened the door, he clicked a remote to turn on a stereo boombox he had with him. Ghostbusters theme blaring, he starts dancing. 70's disco style.

After "WHO YOU GONNA CALL," he held the DVD case up to my face and paused the song. I was silent, he lowered the case and put it in my face again.

"Ghostbusters?" I asked.

He started the music again, put the dvd down on my doormat, took the boombox and danced away.

I opened up the DVD case when I got back inside, and on the INSIDE of the SHRINK WRAPPED DVD CASE, I kid you not there was a note that read

"No one will ever believe you. No one buys DVDs anymore."

I got noise complaints from other people in the apartment the next day. I told them I was sorry and wouldn't play my music so loud. Let's face it. No one would believe otherwise.

Excellent DVD. High quality video and audio, and the extras are AWESOME.

The outside box does say that GB is in fullscreen and GB2 is in widescreen. However, that is a misprint. Originally they did intend to release it this way, but the backlash was so severe that they reversed this (stupid) decision. I guess the box artwork was already printed by this point. Rest assured that the actual movies are BOTH in widescreen and there is not even a fullscreen option. The inside boxes do both indicate widescreen.