I just cancelled by preorder too. The movie was good, but definitely not worth $80 for a release they've thrown together as a means of ripping off fans. I may pick up the phaser separately (it's been available for years, so it's easily available on ebay) and if I want to watch the film I'll get it through other means, unless they release an edition with the complete set of features.
Agreed. I've got the blu-ray / DVD combo pack on preorder, and I might just cancel and pick up the DVD version--if that. I've got the I-tunes version, not sure if it's worth the extra money for a hardcopy if there's nothing extra to be gained.