spirit is a visual treat , and it takes chances that are bold by studio standards , but 
(ROOT (S (S (NP (NN spirit)) (VP (VBZ is) (NP (DT a) (JJ visual) (NN treat)))) (, ,) (CC and) (S (NP (PRP it)) (VP (VBZ takes) (NP (NP (NNS chances)) (SBAR (WHNP (WDT that)) (S (VP (VBP are) (ADJP (JJ bold)) (PP (IN by) (NP (NN studio) (NNS standards))))))))) (, ,) (CC but)))
(ROOT (S (S (NP (NN )) (VP (VBZ ) (NP (DT ) (JJ ) (NN )))) (, ) (CC ) (S (NP (PRP )) (VP (VBZ ) (NP (NP (NNS )) (SBAR (WHNP (WDT )) (S (VP (VBP ) (ADJP (JJ )) (PP (IN ) (NP (NN ) (NNS ))))))))) (, ) (CC )))