I agree that Ferrara's version is really great. Like most of his films, really underappreciated.
I'm not a big fan of the 78 version. IMO the last shot removes all ambiguity from the story and therefore robs it of a lot of impact.
The original is my favorite version, and Kevin McCarthey's greatest role. The ending is one of the most chilling in cinema history.
I have not seen the recent one.
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