I agree. I watched it a couple of nights ago after not seeing it for a decade because I couldn't stand that droopy non-anamorphic DVD, and it was such an improvement in my memory from the old to the new that I was ecstatic. I thought the Kit Kat Club scenes were especially vibrant.
I saw the Broadway original and the movie, and to me they're different animals. Not only have the book numbers been excised (except for "Tomorrow Belongs to Me but even that's done differently on stage), but the main male character has gone from Cliff to Brian with a shared love interest with...
Mr. Harris said: "Almost unique in modern annals, Cabaret also shares a major problem with a few other Best Picture winners....."
This suggests that Cabaret itself is a best picture winner, and, of course, it isn't.