Actually, it looks like this is the Director's Cut without calling it the Director's Cut.
From the 505 link
adamsapple
sent:
"This includes high frame rate, photo mode, hard mode and cross over content from familiar franchises such as Half-Life and Cyberpunk 2077."
From Death Stranding Director's Cut Steam page:
DEATH STRANDING DIRECTOR’S CUT on PC includes HIGH FRAME RATE, PHOTO MODE and ULTRA-WIDE MONITOR SUPPORT. Also includes cross-over content from Valve Corporation’s HALF-LIFE series and CD Projekt Red’s Cyberpunk 2077. Stay connected with players around the globe with the Social Strand System™.