I bought LOTR this saturday
You get 2 DVDs, the movie and 2+ hours of bonuses...
The other version which will be released later is 4 DVDs:
1: the original movie (just like the verion just released)
2: an uncut version, 30' longer (although I don't know what we missed, Tom Bombadil wasn't part of the script anyway....maybe we'll just get 30' of nice landscapes)
3 & 4: Bonuses
It should also be much more expensive than the 'short' version.
Btw, DJ, have you or your wife viewed Amélie Poulain yet?