Okay, so I've just been able to confirm that the UK double-feature version, is in fact the same version that was released on VHS in the UK which would mean that it's only missing the tree-lighting and stocking scenes with Fozzie Bear so it's definitely not been cut as much as the US release!
This is enough incentive for me to pick it up this week.
Apparently the reason why Blackstar and Amazon have the running time listed at 70 minutes, is because they totaled the running time of both specials together, and than listed the length of "The Christmas Toy" on it's own. The original unedited special had a running time of 47 minutes and 59 seconds, the R1 DVD was released with a 42 minute running times so this new release will feature almost an extra 5 full minutes of original footage.
Here are the specs according to Columbia:
RUNNING TIME 97 mins
CATALOG No. CDRP1228
CLOSE CAPTIONED Yes
MENU LANGUAGE English
LANGUAGE English
AUDIO OPTIONS Stereo
NUMBER OF DISKS 1
ASPECT RATIO 1.33:1
TYPE DVD5
SPECIAL FEATURES
Muiscal Highlights
"The Christmas Toy"
