Watched segments of FOTR EE and some of Dave's screen grabs are no better than what I saw on my screen last night.
Specifically, the close ups of the ring on Sauron's hand, the ring on the floor of Bilbos hobbit hole, Bilbo holding the ring and the 2nd Age battle scene.
I know that some have posted that the DVDs are "unwatchable" to them.
My aim is not to brag here, but on my system they look pretty damn good.
For the record, I have a HD-A30 outputting 480i -> D2 -> CMS box -> Calman calibrated RS2 -> 96" screen in a dedicated room.
I'm not dissing Dave's caps, but some of the other caps in this thread look a lot better. That could be logically explained by different film stock, etc.
I'm not a disc cap Nazi far from it, I'm keeping my pre-order of the box but if it's no better than my EE version, it's going back asap regardless of SQ improvements or any return charges.