This is basically the same as the broadcast pilot but with an ending involving a one-armed man discharging a revolver into another man presented as Laura Palmer's killer, and an extended dream sequence shot for a later episode involving Agent Dale Cooper in the Black Lodge and listening to the Man in the Red Suit as he says weird shit, and then does a dance.
I'm trying to avoid spoilers if you've never seen Twin Peaks. I don't know how much longer I can hold out. Once I get to Twin Peaks: Fire Walk With Me, I'll probably be at Full Spoilers, so be warned.
If you've seen Twin Peaks, like I have, I'm guessing you are going to be underwhelmed by this alternate version of the pilot, though it is not terribly done in and of itself. I consider it largely superfluous-an artifact of the convoluted processes of getting a network contract for an entire series as opposed to a movie that truly stands on its own.
I first watched this alternate version sometime in late 1999 or early 2000. I recall renting a Warner Home Video VHS at a Blockbuster, confused that the real deal pilot was nowhere to be found in terms of an official release ("official release" . . . sounds kinky!) and so I had to tape the actual pilot during a rebroadcast on one of the cable networks that was re-running some-but not all-of the Season One and Season Two episodes. I want to say it was the Bravo channel, but I don't recall, exactly.
Anyways, all this confusion really doesn't matter anymore. The complete run of all three seasons of Twin Peaks has been released in numerous formats, and if you try hard enough or spend enough money you can get 'em all in one place, and watch 'em real convenient-like. Such is the wonder of our digital age!
Onwards . . .
NEXT: 3/8/18: Twin Peaks Episode Two (1990)