I had really not heard much about "The Band" before TP-016. I didn't even know whether they sang or just played instruments (like other bands). However, after getting TP-016, I saw a release of "The Last Waltz" on blu-ray at Costco (for $9!), so I bought it. I'm sure that you all know (but I didn't) that this is the acclaimed Martin Scorcese film of The Band's last concert in 1976. In addition to playing many of their top hits (including "Stage Fright") there are a host of celebrity guest performers in the concert. Anyway, it is a semi documentary and concert film, with interviews of The Band members, mostly Robby Robertson, and gives some insight into their formation and playing. I was very impressed by the quality of the playing of all of the members and that the lead vocals were shared among three of the five members. It also shows that even with PCM 5.1 multichannel sound on bluray, the sound is nothing like the TP tape!
PS. If you don't have bluray, the package contains both bluray and DVD versions of the film.