Quoted from a recent chat (Oct. 16, 2001) with members of the Home Theater Forum and some Warner Brothers DVD people:

[Will_K] Titles: the original HAUNTING, EXORCIST II,DIAL M FOR MURDER and PURPLE RAIN remastered. Also, what is Warner's position on unrated versions? Some major studios are doing this, some refuse, and I'm not sure I understand the big deal (EYES WIDE SHUT). Thanks.

[Warner] Current policy dictates we stay away from NC-17-area Unrated Versions just now. THE HAUNTING (1963) and DIAL M FOR MURDER (flat) are under consideration for 2002. EXORCIST II and PURPLE RAIN Remastered are not under consideration just now.

Looks like we'll be waiting a while for this one. And if WB isn't even considering a remastered version of PR, it seems likely that Prince's other films are even further away from a DVD release.

For the whole transcript: http://www.thedigitalbits...fchat.html