Mike Nichols' The Graduate (1967) reappeared on DVD in 2007 in a 40th Anniversary Edition, complete with two separate commentary tracks, one by Dustin Hoffman and Katherine Ross and the other by Nichols with Stephen Soderberg, plus a quartet of featurettes covering (and from) various points in its history, and the original theatrical trailer, and a bonus CD containing the four Simon And Garfunkel songs that are highlighted on the soundtrack. The CD is a dispensable trifle, utilizing the latest digital masters of the commercial versions of the music but otherwise not notable. Of the featurettes, "Students of the Graduate" is new, and mostly features peoples' impressions of the movie from a professional standpoint, in the movie business, coupled with some recollections by participants such as Buck Henry -- "The Seduction" delves into the relationship between Mrs. Robinson (Anne Bancroft) and Benjamin (Dustin Hoffman, and her relationship with the world, and an analysis of the seduction scene. The other two featurettes are repeated from the earlier 25th anniversary edition of the movie. The commentaries are both fascinating, and take different directions, Nichols -- prompted by Soderberg -- delving larger questions about the movie and his approach to it, more than on particulars of certain scenes. Hoffman and Ross, by contrast, dwell a bit more on particular scenes and shots, and anecdotal references. The movie is presented in its proper letterboxed anamorphic aspect ratio (2.35-to-1), and is given 24 chapters. The disc opens automatically to a multi-layered menu.