I already have the 2-disc set that came out a few years back. It’s a really good set, and it was only $10. Can’t begin to imagine what Criterion has to offer as far as extras, but Godzilla isn’t a good enough movie for me to upgrade for the big C.
Edit: And the cover for the release I have kills the Criterion cover

New high-definition digital restoration and new English subtitle translation. What’s not to like.
really, the criterion package is sorely lacking a video essay from noted two-time Criterion auteur michael bay
Just academically speaking, with all good manners intended, HOW THE HELL CAN MICHAEL BAY BE MENTIONED ALONG THE SAME LINES AS GODZILLA?!!!!!
A far more interesting addition to the collection than others I can think of.
james m.: hilariously, that’s how
No-Limb Joe
Godzilla is now coming your way from, out of all things, the Criterion Collection. Any thoughts?