That's awful, the film's Cinemascope-Photography would be totally destroyed by Pan & Scan. I own the excellent German DVD which, as expected, doesn't have any english language track or subtitles. I've seen around 8 Films by Damiani, most of them from Television and VHS as they all premiered at German TV in the 80ies ("Confessions..." and "Day of the Owl" were his only films that got a theatrical release here). The italian DVDs of Damiani's Films are mostly good, but there are no english subtitles either. 
I haven't seen "The most beautiful wife" yet, but till I get hold of the NoShame-Release (which is on my To-buy-List since It's been released) I could watch an old VHS to comment on it if you're interested. We'll see... If there's any time left for me within the next weeks, I'll open a Director's thread for Damiani with a comment on "L'Istruttoria chiusa: dimentichi" (1972) or "A Bullet for the General" which I haven't watched yet. I'd love to write something about "I am afraid" (which is, yes, one of his most sought-after films) but it's one of those films which need three or more viewings to be measured.
Hopefully, NoShame will release a few more of Damiani's films if they ever recreate from their financial crisis. It's a great company and I would miss them...