I saw this in the theatre as a kid, and loved it. Seeing the theatrical version as an adult, there are elements that make me cringe. I now know that most of those were added by the Salkinds after Donner left. It was with anticipation that I saw the Donner cut of Superman II. I liked it. A lot. But it was, to a certain extent, too hard. The cornpone humor was removed, but also the wit and savy, mostly provided by the immortal Gene Hackman.
This edit truly provides the best of both worlds. It has humor without camp, and action that stays true to the comics. In the end it is not a bunch of super-powered tricks that defeats the three criminals, but Kal-el's intellect over Zod's brutality.