The film is presented in full frame, which is the original aspect ratio, and it is black and white. Black levels are very good, which is critical for a black and white film like this. Details are always visible, and print damage is non existent, other than slight wear to the print's age. Audio Lost Horizon is not your audio driven demo disc, but it sounds good for the type of film it is. When they made movies back in 1937, they weren't concerned with using all channels in your home stereo, so you get a very nice mono soundtrack.
All sounds are clear and clean, especially dialogue, which is crystal clear throughout.
You get a very well put together demonstration of the restoration process, which really shows the dramatic changes in quality. Also included are production notes, three deleted scenes, the original theatrical trailer, a great photo documentary, as well as a commentary by film critic Charles Champlin and UCLA film restoration expert Robert Gitt, who was a major factor in Lost Horizon's restoration.