best version of the original Nosferatu?
 

Which one is the best, in terms of picture/audio quality and extras...I've been looking around but can't seem to pick one..

There have been a number of threads on this. Just do a search for Nosferatu in the thread title.

Example:

http://forum.dvdtalk.com/showthread.php?t=438303

Kino

Or the one with the Type-O Negative soundtrack. ;)

I saw this not too long ago at BB and briefly considered picking it up. Is it really that bad?

Ya it's pretty bad. The music is actually somewhat fitting in parts, but gets really old after awhile. The film transfer is terrible, too.

We actually watched this version in my film history class lol, my professor had no idea who the band was or what type of music it would be. Apparently it was the only copy he could get that day - he was not amused. Overall it was very distracting as most students were just laughing at it.