The first time I bought The Godfather was the "epic" box set on VHS, which combined the first two movies and arranged the footage chronologically and was very disappointed at the picture quality. I spent $100 at the time (early 90s) and was not happy.

The irony is that I spent $30 less for the DVD box set, which had better sound and picture, not to mention the great bonuses on the extra disc. While it's not the chronologically arranged "epic," it's a much more fulfilling experience for this viewer.

Hopefully they'll get around to releasing the chronological trilogy sometime...