I finally cracked open Paramount's recent restored and remastered Blu-ray of Hondo a couple of nights ago when my wife came across it on the over-the-air MOVIES network. The SD, stretched and distorted picture on the channel was like watching a third-generation VHS copy compared to the rich, bright, crisp colors and details of the Blu-ray.
Watching the extras, my wife said "I would pay to go see this in 3D. Why didn't they remaster it in 3D?". I told her, "because, like when this movie came out, 3D is dying again."