I would do it the same as Blade Runner 5 disc set - Movie with bonus files.

Quoting tkinnen:

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I would do it the same as Blade Runner 5 disc set - Movie with bonus files.

In the Blade Runner set, "The Final Cut" is presented as the main feature, the other versions as "Archival Versions."  But in the Close Encounters set, none of the versions is presented as the main feature; they are just called "all three versions."

I would profile this as a boxset of three films--three versions of the same film, yes, but three films.

Quoting gardibolt:

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I would agree; this isn't the same situation as Blade Runner.  I'd make it a box set of 3 versions, a la Brazil.

Brazil was actually just two movies , ,the third disc were documentaries ..

I have followed CEOTTK over the decades and the longer version was a Television premiere that had a lot of cut footage inserted.,  in which Spielberg oversaw and approved.. It was then spread from theatrical 132 minutes to over 143 (?)., then shortened to 137., then finally to 135 min. Special Ed). Haven't spent anytime checking out this set that is being discussed here., but I Love the longer version where Dreyfus is throwing the dirt and bricks into his living room from outside., that plus other scenes ( I saw Big Foot once) were never in the original.