This review is for the blu-ray transfer and not the film itself. The blu-ray version of Treasure of the Sierra Madre is excellent. Details are crisp, and the contrast is strong. There are about half a dozen moments scattered throughout the film where the quality goes bad, looking like an unconverted DVD. But these only last for a few seconds each. Apparently, they did not have good source material for those few scenes. Otherwise, I was quite pleased. The sound is okay, but not great. Dialogue is fine, but the soundtrack hisses a bit, and the punches in a couple of fight scenes sound very weak. Apart from these quibbles, this version is well worth owning. If you are considering an upgrade from DVD, it is worth it.