It is, really. It's just that there are a handful of minor annoyances which rather than just being errors, were intentional. A Star Trek quote, some slang that felt out of place, etc.
Overall it's great, better than what ADV would do. But the little issues stand out because the set it otherwise perfect (other than color and saturation issues with the video but that's a whole other topic)
For the people who think they paid too much for Macross when it first came out, keep in mind that without those initial purchasers paying a higher cost to help offset the restoration costs, the set might never have even come out. And we got it a long time before people could buy it at cheaper prices, too.
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Where was the Star Trek quote?
I did have a couple of problems, though. Off the top of my head:
"L-O-V-E Happy Minmay"?? It's supposed to be "L-O-V-E Lovely Minmay". It did not bear well that they couldn't translate English to English. Though that's a very minor gripe.
The Misa rescue scene in ep. 27: When Misa hears Hikaru's voice she says something like "why you little..." Totally inappropriate and just plain wrong.
These are very rare cases though, and on the whole it's a job well done.