The studios already chop up the movies for showing on television. With all the space available on Blu-Ray you'd think there'd be no problem including the edited for TV cut on the disk.
Someone needs to email hollywood with this idea. I bet it'd result in higher Blu-Ray sales if people know they can have the edited version along with the complete version.
I remember hearing on Glenn Beck's radio show once about a service he used to edit rated-R movies down to a PG-PG13 level. I can't remember the name of the service now.
Those services have popped up, done great business, and then get sued out of existence by movie studios. Even ones where you buy the VHS tape and they physically remove the objectionable scenes. Movie studios don’t like people “messing with” their stuff. Getting them to include a G rated version on the disk would seem the way to go but I don’t think they will.
Not unless Walmart decided to try pushing the idea. They might be able to make it happen like how they’ve gotten “censored” versions of some albums.