This situation is all too familiar for Star Wars fans.
For those not in the know, Star Wars fans have been begging George Lucas for the original, unaltered versions of the original Star Wars trilogy on DVD. Finally, in 2006, we got our wish... in the form of a bonus feature on a DVD. The problem: they threw a crappy laserdisc transfer onto the discs. In 2006, it was unacceptable. Today, it is UNWATCHABLE.
We face the same situation here today as MJ fans. A VHS rip, even if "remastered", simply isn't going to cut it in today's day and age. To make things worse, the original Star Wars film exists in the form of ageless technicolor prints, and Empire and Jedi are definitely in a vault somewhere. It's simply stubbornness by the part of George Lucas, in a case where millions of fans would gladly pay anything to get these films.
As MJ fans, we observe the incredible quality of the Bad Tour footage recorded for Moonwalker. My jaw dropped when I saw the blu ray for the first time. THAT kind of respect is what not only the fans deserve, but Michael Jackson himself deserves. Anything less for probably the greatest concert of all time is unacceptable.