I did buy this Blu-ray.
I am keeping both previous DVD iterations to keep both the first DVD with the 1.33:1 AR and the second 1.75: 1 AR DVD version that had the picture enhanced but not overly scrubbed (at least to my eyes).
My visual acumen is not up Matt's or most of yours. Having said that, the scenes I am spot checking look scrubbed to the level of Disney's Robin Hood more than The Sword in the Stone, (which I found completely unwatchable). The Xerox lines are there in The Jungle Book, even though they do, as Matt stated, go MIA, much the way spears and other fast moving objects in Ridley Scott's first BD of Gladiator would vanish if they moved fast.
I cannot say I am pleased, but I am glad I bought this BD. I am, still, however, going to complain to Disney about this release and ask that they consider re-releasing this with less scrubbing.
I would also add, like Matthew A, I have the UK region/zone free 101 Dalmatians, and (to me) it looks great and has none of these issues.
Thanks again, to Matthew Hough, for the great (if depressing) review.