This is the example I was going to us.

I actually do like the directors cut, it's a bit more true to the low budget, gritty 70s crime thriller genre.

Having said that, I think the best version of Payback would combine elements from both cuts. Kris Kristofferson is definitely the more interesting villain, but I prefer the more natural colours of the directors cut. Music from theatrical cut, but I kinda like the original ending, where Porter just keeps getting shot.