One of the great things about hometheaterforum is that it's been largely absent the type of snide sarcasm and nastiness that tends to infect other internet forums.
Vincent
THE GODFATHER was color timed to match a director-and-cinematographer approved I.B. Technicolor answer print from the 1970s. I saw a screening of the restoration and Gordon Willis spoke after the screening and said the restoration's color was "dead on".
Vincent
Opinions over color timing can be subjective, but being concerned over such visible digital artifacts like aliasing and stair-stepping is not. If LAST CRUSADE really looks like that, then something went seriously wrong.
Vincent
But the DVD screengrabs you posted as comparisons show unnatural MAGENTA-biased flesh-tones. Compared to the Blu-ray shots, the DVD screen-caps are the ones that look incorrect IMO.
Regardless, the answer to this "quandary" is quite easy- if you don't like the color on the new Blu-ray, then...
"Lack of shadow detail and flat look"? The DVD shots you posted are the ones that look "flat" to me. As for the "orangish colors", the DVD shots look too magenta compared to the Blu-ray IMO, especially the flesh tones.
Vincent
When a car has some scratches, a couple dents and needs some touch ups, it's called "body work". Maybe we can call this type of work "4K Digital Bodywork"? :-)
Vincent