The speech...
Back in the 80's, I brought this film to Omaha for a special showing. Somehow, I was able to get ahold of director John Milius for an interview. He also gave me Reb (The Enforcer) Brown's phone number and whenever I would go to L.A. we would hook up and talk a great deal about BW.
Anyway, I asked Milius what he thought of the final cut of the film (I thought it was brilliant) but he was very unhappy about 'the speech' being cut from the film.
I asked what that was.
He then proceeded to tell me about a scene that was written and filmed (during the party scene towards the beginning) where Bear (Sam Melville) sits around with a bunch of partygoers and one of the surfers asks him to relate the story of 'Big Wednesday.' Bear than goes into its tragic origins.
The 'speech' is one of the most moving pieces of material ever written; it explains the whole meaning of the title (no, it's not just a big wave, it's much more, it tells why Bear is like he is, etc.) and the ignorant bastards at Warner Brothers cut it (at that time, Milius did not have final cut approval).
John was then gracious enough to send me the original script written by he and Denny Aaberg, which I still have. The scene is in there, intact, and if anyone's interested, I'll post 'the speech' here.
Still my favorite movie of all time.