Arrow/US remastered abkco Blu-ray or Germany Bildstörung Blu-ray depending on preference

Umbrella 4K Blu-ray, part of Alejandro Jodorowsky Collector’s Edition, scheduled for November 2026 release

Even though Arrow/US remastered abkco Blu-ray are the newer restoration, the Germany Bildstörung Blu-ray seeming look better in many of the scenes see caps  ut the grading might also be over-exposed see caps
Ultimately it's up to personal preference.

Theatrical: Arrow 4K Blu-ray or Australia Imprint 4K Blu-ray?

TV Cut: Australia Imprint Blu-ray included in their 4K Blu-ray set?

Spicediver Cut: Germany Plaion Blu-ray included in their Ultimate Edition release

Theatrical: Arrow 4K Blu-ray or Australian Imprint 4K Blu-ray?

TV Cut: Australia Imprint Blu-ray included in their 4K Blu-ray set?

Spicediver Cut: Germany Plaion Blu-ray included in their Ultimate Edition release

Universal 1998 DVD has the original 70mm 6-track mix in Dolby Digital 5.1

Dolby Stereo: Arrow 4K Blu-ray (5.1 mix is an inferior remix)

OOP Arrow LE has a bonus disc

Lionsgate 4K Blu-ray

Lionsgate 4K Blu-ray has terrible compression, but still beats out the old disc which was sourced from a mediocre old scan with edge enhancement, and which has compression issues of its own.

Original 5.1 mix: 1997 Pioneer LaserDisc or 1997 Live Entertainment NTSC DVD
Original matrixed Dolby Stereo mix: Lionsgate 4K Blu-ray

The film originally premiered with two mixes, a 5.1 for upgraded theaters, and a distinct matrixed Dolby Stereo mix for older venues. The original 5.1 mix can only be found on the earliest LD/DVD releases, as all later releases replace it with a mediocre 7.1 mix with reduced dynamic range.

The Atmos mix is based off of the previous 7.1 remix, but with futher alterations as per director's wishes. One scene intentionally drops out into silence, see this post for details.