Adam has released a second update video with additional information on the Shenmue re-releases, discussing:
Bloom optional (enabling/disabling motion blur not confirmed yet)
Supports original resolution (480p) alongside higher resolution (1080p)
Gameplay sections playable in original 4:3 alongside widescreen
Fast loading times (1-2 seconds on base ps4/xb1 hardware)
No passport disc (alongside online features like leaderboards)
No ingame product-placement
You can check out the video below!