I've seen many stories cramming the internet reporting that director Zach Snyder will release "Tales of the Black Freighter" edited into the Watchmen movie as a fall 2009 DVD/Blu-Ray release (here's just one report: http://www.collider.com/entertainment/news/article.asp/aid/10993/tcid/1). So take caution when buying this DVD! If you're buying it just because you don't think the Freighter is making the movie cut (which it's not for the theatrical cut or the director's cut on DVD this late spring), don't get it 'cause, ultimately, there will be a "ultimate cut" released in the fall, including the Freighter storyline.
Will the ultimate cut feature the "Black Freighter" story in one continuous presentation as in this release, or will it be broken down and edited into the film in pieces spread throughout the story? I think that there are plenty of fans who would be interested in having a copy like this to watch straight through, and if this footage is going to be interspersed in the director's cut then I don't see this as a completely redundant release.
"Under the Hood" as far as I know won't be included but it's only a 30-minute short anyways. And as for the Black Freighter, I'm sure it will be interspersed throughout the movie, the same way it is in the comic. But I'm not 100% positive. But it is redundant to release this and then the ultimate cut, because the Black Freighter was meant to go along with the scenes that it goes along with in the comic. It was not meant to be read or seen as a separate entity.
I have the Watchmen graphic novel and all I see in the book about the black freighter is a 3-4 pages talking about the history of the black freighter comic book. Can someone please enlighten me...where is this story that they are making into a 64 minute film?!
You obviously have not actually read the graphic novel then... it's all over the place. Look for pictures of a guy maybe tying some bodies to a raft, getting attacked by sharks, etc. Or look for that black kid with glasses who's always reading the story next to the newspaper guy. The boxes that the story's text is in look a little different color and have frayed edges, reminiscent of a treasure map or something.