Regarding what Mike shouts at Leland during the traffic jam scene: "The thread will be torn, Mr Palmer, the thread will be torn!" Having thought this over, I now think it has the following meaning: Mike is saying that eventually the mask of Leland will be torn off, revealing BOB's face behind it! The thread is simply the metaphorical "thread" holding the "mask" onto BOB's face.

Eventually, Laura will discover who BOB is inhabiting, and realise the truw relationship between BOB and Leland. This fits in with Pierre Tremond's utterance, "The man behind the mask is looking for the book..."

>>>If people really want to believe that the extended eurofilm ending is the whole, unedited dream Cooper has in episode two, it is unlikely that anything anyone says will dissuade them since anything can be rationalized through selective and/or creative interpretation.  However, we must ask ourselves... what do we gain out of this reading?  Why must we rationalize the end as being a part of the Peaks cannon?<<<

There is one reason, and one reason only, why we do that: Cooper's description of his dream in episode 3. Except the "red thread" and some more everything is there in his description and thus in the actual series. Hadn't it been for that scene no one would have viewed the Euro-Pilot as anything more than a non-canonical rarity. But it's there.

"What credit card do you want to put that on?"
"Caash, prease."

 I totally agree that the Euro Ending is merely a curiosity - but I don't understand this comment at all. Whatever ending you prefer, the sketch works either way. When they show the sketch to coop, he instantly says "this is the man I saw in my dream".

Am I missing something here?

As for the 25 years later caption - IMO the most important thing about that is that it links into the fact that the creators were fans of Un Chien Andalou (despite Lynch's claims that he is not a fan of Bunuel).

To briefly explain: Un Chien Andalou is a short film that is a collection of scenes and images which are highly surreal. At some point in the movie, the words "8 years later" flash up onscreen - and the movie continues down its completely non-linear path. Bunuel's point was that, despite the apparent "randomness" of the images, the caption forced the audience to attribute some kind of narrative structure to what they were seeing - despite the fact that there was none. Lynch really went to town with this concept in INLAND EMPIRE, but that's another thread!

Regarding the retailored dress, I see where the threads are now.  Previously, I was looking at the pocket, as you say! Thanks for pointing that out! Well, as you say, the thread looks exactly the same colour as the rest of the dress, namely red, so there is indeed red thread.

However, when Mike mentions "the stitches with the red thread", it could just be a coincidence.

Regarding ThisIsTheGirl's point about Un Chien Andalou, I had never thought of that before, but now you mention it, that could well be the inspiration for the 25 years later caption. Then again, maybe Lynch just thought: Why don't I have Cooper in a dream sequence where he is 25 years older? Actually, now that I come to think of it, the whole thing reminds me of 2001: A Space Odyssey at the end. (Sorry to anyone who has not seen this. But I'm not really giving much away by posting this.) David Bowman find himself in a mysterious room in which he mysteriously grows older over a short period, and has a vision of an older version of himself across the room.

I guess I am just surprised that no one has ever watched it this way.  I always stop the video and show them the extended Euro Ending, and THEN watch the broadcast version. 

I am editing it together in a smoother, polished cut right now on Windows movie editor.  Weeeee, fun.  lol

That's a good point - I'd never thought of that!

Nice of you to say so, ThisIsTheGirl.

"What credit card do you want to put that on?"
"Caash, prease."

According to the newly released DVD set, the Red Room scene came about when Lynch was told that he had to wrap up the Pilot for the "european" ending. That's when he came up with the idea of the red room.

And just to chime in. There are always mysteries in Twin Peaks, and to me, it's fine that the episode 2 red room is the length that it is. And though the thread is a different color, it could just be a reference to the FBI using thread and taylored dressed to indicate different codes for things.

 Ahhhhhh, as far as including the red room to end the pilot....yes, that makes since with what FROST said on that video 4 years ago before FWWM.  THANK YOU JARED!  That fits perfectly.

By the way guys...I still like TP the way it is...with the red room edited down, and only flashes of Bob and Mike being shown....I just always found it to be a bonus to have the extended sequence to see.....

What if you show it to people AFTER they see the broadcast of episode 2?  After they see the dream sequence, then they can see the unedited version and it can be explained to them that it was originally an alternate ending to the pilot.....but later, used as a dream sequence in episode 2.  Then they would see the episode as intended....but they would also see all the extra footage afterwards. 

"What credit card do you want to put that on?"
"Caash, prease."

"What credit card do you want to put that on?"
"Caash, prease."

Interesting theory on the red stitches. I'll have to give that one some thought.

Sarah remembering Bob? Hmmm...

Being that I'm in Australia, we did not get the 'European' version. In fact, I only came across that ending on youtube earlier this year.

Hell, the Gold Box Sets don't drop here till 05/12/07!

Sad, I know. 

Still, I enjoyed the series without the 'alternate' ending. And agree that the series should be viewed without that bit.