We're being spoilt for Peter Weir on 4K UHDs at the moment! The quality on this feels so much more faithful to the original look of 35mm film of a low-budget 1970's Australian production than Second Sight's Picnic From Hanging Rock, I sat watching this being irritated that Umbrella Entertainment...
You posted on blu-ray.com that you had the previously released blu-ray - the picture from this restoration looks like film and does not suffer from the DNR that Second Sight's Picnic At Hanging Rock has?