Paul, I saw parts of Return on AMC, and the PQ is exactly the same (with the major exception of being fullscreen) as the dvd (it was easy to tell this because the end credits cut to widescreen, and it looked exactly like the artisan dvd.
Mike, Return of the Pink Panther is definitey 2.35:1 (I've seen enough movies to tell the difference between that and 1.85:1). As far as I know, any 2.35:1 movie should look the same (ratio wise) on a 4x3 television (which I have), anamorphic or not.
I just picked up the Return of the Pink Panther disc for $7 at CompUSA last night whilst buying blank dvd cases, just because it was so cheap. I knew going in that the PQ wasn't going to be all that hot, and it itsn't. As Chris said, it's ok, but definitely watchable. The sound was better than I...