Video Modern Vampires is presented full frame, and I'm not sure if that's the original aspect ratio or not. But if it isn't, whoever was in charge of framing this movie did a perfect job. All the action is seen, no pan and scan needed on this one. So, I think full frame is the correct ratio of this film. The video quality is great, no grain or artifacting.
Colors are vibrant and scaled, no bleeding or oversaturation.
But where this movie really shines is in the dark, where most of the movie takes place. The black levels are correct, leaving every shadow visible. Audio Again, a nice transfer. The effects are frequent, and will give your system a nice work out. The dialogue is always crisp and clear, better than many major studio releases I have heard in fact.