Absolutely.
The new transfer for the first movie is remarkable, the green tint/ blue tint look fantastic, and gone are the vomitous colours that were so pronounced in the original DVD. It looks like how a Matrix movie sholud look.
The commentaries are interesting. Critics commentary is worth a listen, they certainly bring up valid points, specifically in Revolutions, but for the most part seem completely clueless about the films down to specific plot points, in the end they come way off the mark despite being right in many aspects. The philosopher commentary is certainly stronger, thanks in part to the guys actually knowing what theyre talking about. They go pretty in depth in the movies and raise some great discussion about many details and influences, Larry Wachowskis in particular and give you a better grip with what they were aiming for. Effectively this is as close to a Directors commentary well ever get. My only gripe is both commentaries have a few too many silent spots, and scarily enough West and Wilbur couldve gone even deeper.
Theres also cast commentaries for each movie but theyre DVD ROM and arent up yet
All the revisited documentaries provide very nice in depth behind the scenes footage with each revisited disc clocking in at around 3 hours.
The burly man chronicles which is about a 3 hour doc of set footage from Reloaded and Revolutions is excellent, also featuring a shit load of footage of Andy and Larry doing shit.
Roots of the matrix I havent watched yet, though I read is the highlight of the set.
Last disc is all promo trailers, storyboards, art concepts and all that jazz.
I think personally the biggest point of the set is to rally all 3 movies as a single work, and does a great job at it, which is why im hoping the Wachowski Brothers refuse to release the first movie on its own. And in the end you can see what exactly they were trying to achieve with the sequels. Albeit flawed films they seem to have packed so much dense content in each movie, its astounding.
So uh yeah, its worth it and I dont see any DVD this year or in the near future that will approach just how in depth and informative this set is, effectivle chronicling one of the most important works in modern Science Fiction film making.
Packaging is ace, totally making up for the horrible Revolutions DVD Cover:
The Matrix is not perfect either, unless you love crappy acting and mediocre dialogue.