The transfer is not stunning due to the age of the film. The story is universal enough that it still holds up well. For NASCAR fans there are a couple of nostalgic moments. The only complaint I have is a bad edit where a line is abruptly truncated. It goes "Does a bear sh" and cuts away mid sentence.
It's not cut at all. It's the full version with the swearing little kids. That line has always been slightly "clipped" to mask the profanity. I thought the transfer was excellent considering the films age and the sound was mono but smooth and involving. It even has Wilma Deering from Buck Rogers in it (and she looks mighty fine!) and Diane Lane (what a babe!)
I went to elemetary school and High school [breifly] with this kid http://www.imdb.com/name/nm0830234/ . He was a relative [nephew?] of Kenny Rogers. It was a big deal to us kids in '82.