Actually I think that the way it was "meant" to be seen was on a large screen projected from film. I own a laserdisc player but resisted buying any of the LD versions of the film (even used when I found them for under $10) because I prefer to see this on a big screen for it to "work".
I won't watch Lawrence of Arabia on a tv screen either. I bought Blake Edwards/Peter Sellers' The Party and don't think that it works as well on tv either (the house needs to be huge in the final scenes).
Good revival theaters are a hard thing to find. I keep saying that there are plenty of films that should only be seen theatrically and also that there are films that can only be shown theatrically (the home video rights are tied up for some reason or other while the theatrical releases are still clear provided someone doesn't try to modify the film).