Most likely only 1 disc

According to dvdempire:

Features:
Hotel Chevalier
Deleted Scene
Featurette
Trailers

Where's the blu-ray?

I noticed Fox isn't yet doing blu-ray versions of some of their "indie" (I guess you can call them) films. Another that comes to mind is Waitress.

i assume there will be a criterion 2dvd edition at some point relatively soon after?

With this being a Fox film and the other Criterion Anderson films being Touchstones there might also be a problem with making a deal with Fox to release a more recent film especially so soon after a theatrical release and in its premiere DVD edition. I think the most recent Fox film in the Criterion Collection is Kagemusha from 1980.

sad news.

Well, Ice Storm is Fox....

Given those specs, there's more than enough scope for a followup Criterion edition. I noticed a documentarian listed in the end credits, so there's all that material still to emerge.

they could be waiting to release darjeeling on criterion the same month that bottle rocket is ready.

Well, Peter Travers doesn't love very many movies, so high praise indeed!

I thought I read somewhere (here somewhere?) that Jason Schwartzman said Criterion was working on this, so I'll hold of from buying it right away...

The Life Aquatic is still being sold as both 1 disc and 2 discs editions, so I guess there's still hope...

according to dvdtimes there's going to be a commentary,four feauturettes and the great short "Hotel Chevalier".
I understand this is a criterion forum but the specs seems good enough and the price will be considerably lower than a criterion release.
The conformist was one of last year's best release and sold incredibly cheap..yet some people would have preferred a criterion version

While I agree with you that it is not particularly important that Criterion release this, the MSRP is actually the same as Criterion's Royal Tenenbaums and Life Aquatic discs.

But if it's not Criterion it's much more likely that the price will drop over time. Criterion's policy about never dropping prices seems to suggest some kind of prestige-pricing approach.

Just throwing this out there, even though it's probably not correct: perhaps Criterion traded its Darjeeling features (the footage in the 4 featurettes, the commentary-like CC did when they "gave back" Ebert's commentary for BtVotD) and its Young Mr. Lincoln disc in Ford at Fox for The Ice Storm.

Then again, maybe Darjeeling was never part of the Fox deal (and it was just Lincoln that got traded for The Ice Storm), with it being Fox's baby on DVD since inception. Though I have a hard time believing, given Anderson's relationship with CC, that they'd license out The Ice Storm but not (eventually) Darjeeling, maybe Fox got cold feet about letting go of such a new title. The Ice Storm makes sense, as it's a title Fox wouldn't likely ever have given a new edition itself, it's not brand new, and it's not especially high-profile (as mainstream films go).

according to dvdbeaver, there is no audio commentary

I've got the disc and can confirm that. the film looks great as expected, and its got a trailer for a film called "The ONION movie", which I hadn't heard of, but looks like a lot of fun.

I remember reading about this several years ago-- apparently it was filmed and was so bad that the studio wouldn't release it. Then they tried to get a former Mr Show writer to punch it up with new material but last I'd heard nothing ever happened. Early word on the film was that it was Death though as far as laughs went-- only one or two writers from the Onion were involved and I'm pretty sure that once editors changed they tried to get "the Onion" label removed from the film. Shocked it's being released.

The lack of commentary still gives me hope this will appear in a special or Criterion edition down the line. While Criterion may be downplaying the possibility of a disc from them right now, I can also see Fox Searchlight asking them to keep it on the downlow for now while their disc comes to market. Anderson's commentaries (and Eric Anderson's artwork) are among my favorite and I really hope we get an Anderson/Coppola/Schwartzmann one down the line. I'm going to hold off on getting this for now.

And yeah, The Onion movie is by most accounts a trainwreck. It's been sitting on the shelf for a couple of years now. I too am surprised it's seeing a release at all. Though, it would be interesting to hear The Onion editors on a commentary track.

Is there any reason to believe that the Onion movie is coming out? I suspect they just made a trailer of the 2.5 minutes of good stuff and are releasing like any other trailer for a non-existant film.