The Region 4 DVD misses out on;
An addtional Dolby Surround Soundtrack
A couple of extra deleted scenes
French and Spanish subtitles
Trailers for My Best Friend's Wedding, U-Turn, and Anaconda
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The Region 1 DVD misses out on;
Trailers for Muriel's Wedding and The Wedding Singer.
Nothing really critical is missing from the local disc which I would favour for the PAL formatting and price saving.