Perhaps my favorite Shakespeare movie REGION 1 DVD is best
A great cast with Ben Kingley, Helena Bonham Carter, and some lesser-known actors who are equally fine. The film is the quintessential light-hearted Shakespeare story of confused identities and troubled frustrated romances.
This is a movie I can watch multiple times. So quality was important to me. I tried the Asian version. Poor image quality. They didn't even get the title correct -- on the DVD it is billed as "Twelve Nights" instead of Twelfth Night. Obviously little care was put into that release.
I tried the UK release. It looks to me like it was sourced from a laserdisc -- better picture quality than the Asian release, but it is full screen (4:3) format letterboxed with black bars at the top and bottom.
Finally I bought the region 1 US release, and it is widescreen anamorphic 16:9 with no black bars top and bottom. Image quality is still not the best one could hope for, but it is the best available at this point. Unfortunately the US release is out of print and costs somewhat more than the UK or Asian releases.
Your choice will depend on how much you like Shakespeare and how tolerant you are of substandard disc mastering. For the US Region 1 release is the only one for me. I should note that none of the releases seem to have subtitles. It's sad that they neglected this, especially with Shakespeare. It would be five stars if the image quality was absolute top notch and they didn't neglect the subtitles. So one star subtracted for that reason.