I liked The Lost World back in the 90s, but rewatching it nowadays I get more annoyed by the flaws in the story and characters. This is an ok re-edit of the movie, excising the San Diego finale well enough but in no way fixed the movie or made it align better with Jurassic Park.
A/V quality was sub-par for DVD, but still very much watchable. There was some rough editing here and there as well.
In summary, not the most professional edit, didn't fix the film for me, but not a waste of my time.