Image quality: All four should be treated as single-layered disc transfers as they share the DVD with another feature. The image quality really varies on the 4 black and white films. The most anticipated and sought after film, The Waking Dead, has muddy contrast but is not the weakest of the four.  It is fairly soft with occasional scratches and speckles - it doesn't appear to have had any restoration but remains watchable. The next best film "You'll Find Out" - a mixture of genres - looks significantly better with stronger detail and richer black levels. Zombies on Broadway is exceptionally poor. The transfer is paper thin, has fragile black levels and is interlaced (combing example below). It looks like a bad RKO Editions Monteparnasse PAL release from France.  It's comedic elements kind of ruined the film experience for me anyway I had a ton of fun though with Frankenstein-1970 (whose opening credits are pictureboxed by the way).  It's the hokiest but looks the best of the four. It's one of those - it's so bad - it's good with some 50's sweater girls for pleasant distraction. Overall, I've seen worse visual quality but it's a surprise that Warner would release this in such an un-restored state but, to be fair, it's priced accordingly and vintage horror fans will probably want to partake no matter how weak The Waking Dead looked. Actually, they are all within the range of watchability except Zombies on Broadway - which should be given a pass for content anyway.

Monaural audio was acceptable if unremarkable. The oldest feature, The Waking Dead, probably has the most minor issues but still no dramatic hiss or pops were uncovered.  It was consistent and clear enough for each and the dialogue is supported with optional English or French subtitles.

The first disc has a commentary for each feature. Historian Greg Mank talks with some confident knowledge on the iconic The Walking Dead although he has a tendency to sound a bit canned reading from some professional notes. It's good though and mixed in well with the film audio. I liked it a lot. He has 100's of details that encourage appreciation of this noirish Karloff feature. A grouping of star Charlotte Austin, historian Tom Weaver,  Bob Burns and a host's name that I didn't catch have some fun with Frankenstein-1970. It's quite lively and upbeat with all aspects of the film discussed - Weaver taking the lead for many of the details. There are trailers for Frankenstein-1970 + You'll Find Out but that is all in the supplements department.

We come back to the same old question - is it worth the price? I suppose it depends on how keen you are on the films. I'd say disc one with The Walking Dead and Frankenstein-1970 is worth it alone - especially with the included optional commentaries. The former may even appeal to Film Noir buffs. The interlacing of Zombies is unfortunate but it seems the first DVD is where most of the effort for this pragmatic package went - and it's where the significant value lies. As long as you keep your expectations of the image quality in-check you'll probably appreciate this as much as I did. I hope Warner comes out with more of these clandestine films - as opposed to their overpriced DVD-R Archive collection.