Godzilla fans (I'm talking about you Keith) here's the news you've been waiting for - Criterion has announced that their bringing the 1954 clasc Japanese flick to Blu-ray for the first time ever, and it's gonna be loaded with all sorts of goodness.

Check out all the special features on this monster of a disc:
New high-definition digital restoration (with uncompressed monaural soundtrack on the Blu-ray edition)
Audio commentary by David Kalat (A Critical History and Filmography of Toho’s Godzilla Series)
New high-definition digital restoration of Godzilla, King of the Monsters, Terry Morse’s 1956 reworking of the original, starring Raymond Burr
Audio commentary for Godzilla, King of the Monsters by Kalat
New interviews with actor Akira Takarada (Hideto Ogata), Godzilla performer Haruo Nakajima, and effects technicians Yoshio Irie and Eizo Kaimai
Interview with legendary Godzilla score composer Akira Ifukube
Featurette detailing Godzilla’s photographic effects
New interview with Japanese-film critic Tadao Sato
The Unluckiest Dragon, an illustrated audio essay featuring historian Greg Pflugfelder describing the tragic fate of the fishing vessel Daigo fukuryu maru, a real-life event that inspired Godzilla
Theatrical trailers
New and improved English subtitle translation
A booklet featuring an essay by critic J. Hoberman
Look for Godzilla to stamp his way home on January 24th, 2012!
Source: Dread Central