Give me back the Theatrical Release
Seriously, the Director's Cut is forgettable and just overall not that good. I remember Legend as being a somewhat dreamlike and definitely eighties fantasy which remains a good movie in a cult sort of way. I couldn't believe it was the same movie, glad I owned the original release before seeing the director's cut.
The change in soundtrack was singly the biggest mistake. Whatever their original intentions, Tangerine Dream did the superior soundtrack. Besides the two voiced songs which were quite memorable, scenes like Lilly's dance sequence took on a whole different feel from the beautifully broken melody by TD to the bland Goldsmith song (it had a few beats which I was starting to enjoy and then quickly flattened out again). Goldsmith does good stuff but in this case it was very typical for a fantasy movie for that time, but it felt especially bland after knowing the previous soundtrack.
The additional/extended scenes didn't add anything and mostly took away from the feel. The only scene I thought was worthwhile was the extended scene with Meg - it made a heckuva lot more sense in the longer version rather than confused fight with Jack in the shortened theatrical version. But everything else wasn't necessary - especially the longer ending.
I prefer the original version, actually I find that in many cases the original is better - there are reasons why certain sequences are shortened or cut out entirely. Maybe it's not always for the best but overall, usually it's usually better to keep the original reasons you loved a movie over trying to change the entire feel for a few extra minutes of footage.