The Director’s Cut version of The New World: A third, 172-minute version, dubbed “The Extended Cut”, was issued by New Line on DVD in October 2008. It contains new scenes and expansions to other scenes.
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I think this film really is good in the sense that it captures beautifully what Malick sees as a vision of a myth. But it'd have been better to see this story from a native woman's point of view that would dispel the myth and also look at the parallels of colonialism, exploitation of the native woman, and the relationship of land (as well as gendering of land i.e. land always being a woman) and showing the parallels.
Malick's films seem like nothing less than his artistic attempt to portray the enormity of existence and experience while simultaneously communicating the joyful, painful, exultation and despair of life. Malick's constantly moving camera dances with his roaming, questing protagonists. At a low point of heartbreak and financial ruin this film invigorated me. Malick serves a banquet of beautiful and disquieting images.