Compared are the cut UK DVD by MGM / BBFC 15 (identically equal to the US DVD by MGM) and the Uncut Version / PG-13 Version (German Blu-ray by NSM Records).
1 cut = 2 minutes and 28 seconds.
The trash franchise Ghoulies consists of 4 installments in total which were produced between 1985 and 1994. The franchise is neither popular nor memorable per se but the second installment got some attention due to its different versions worldwide. For that reason, a list with the main characteristics of each version:
PG-13 Version: The Uncut Version of Ghoulies 2 was rated R in the US. For its video release, several cuts were required in order to get the lower PG-13 rating. Falsely, some US tapes have an R on the cover even though the tape only contains the regular PG-13 Version. The UK DVD and Blu-ray by 101 Films / MGM (Release: April 2016) contains that version which is even longer than old US / UK DVD by MGM.
R-Rated Version: As already mentioned, the Uncut Version was rated R. According to scuttlebutt, a very low number of copies was released on tape in the US. This has not been confirmed though. For a long time, the R-Rated Version was considered lost. Every now and then, a few deleted scenes of footage that needed to be removed for the lower rating popped up and that was it. In Juli 2017, the situation changed. The label NSM Records released two mediabooks with alternate covers in Austria and that release contains the PG-13 Version on both Blu-ray and DVD and the uncut R-Rated Version only on Blu-ray. Ignoring the rumor with the US tape, this is the first and only release of the R-Rated Version worldwide.
UK VHS (BBFC 15): Taking a closer look at the old UK VHS is also worth your while. Based on the R-Rated Version, 3 cuts were made in order to get the (lower) BBFC 15 rating. 2 cuts were made due to violence and a 3rd one due to usuage of a throwing star which is no surprise because weapons like nunchucks, throwing stars or butterfly knives always caused trouble with the BBFC. That being said, the UK VHS lacks almost 1 minute. What is interesting though is that this version is still longer that the regular PG-13 Version and the BBFC 15 contains violence the PG-13 lacks. One might say that this was the longest version available worldwide - until the release by NSM Records that is. At least, the UK VHS will always be some kind of "Exclusive Cut Version".
Old MGM DVD: This is rather odd as well. The US DVD and the UK DVD are both based on the PG-13 Version but a longer plot scene is missing for some reason. This is only the case with the old MGM DVD - the more current UK DVD and Blu-ray by 101 Films / MGM for instance does contain the uncensored PG-13 Version. So do the Austrian release by NSM Records and the US DVD by Artisan / Pioneer / Empire Pictures by the way.
Larry is running around. Nicole appears behind him and calls him over but Larry keeps running. Nicole follows him.
Nicole apologizes and says she knew how Ned felt but Ned refuses to believe that. Nicole wants to go somewhere where they can speak in private but Larry asks why she did not go to talk to Hardin instead. Then he wants to know is he had told him everything the night before. Nicole says that was unfair and he had called a meeting for business purposes only. Larry explains it was typical for Hardin and he had tried to buy him as well. Nicole wants to know how he had reacted, Larry told him to go to hell. Then he offers Nicole a coffee.
The next scene shows the two of them in a tent. Nicole sits at the table while Larry grabs two cups of coffee. Then he walks over to Nicole. He sits down as well and they continue their conversation.
Nicole then elobares on her life as an acrobat and why she did not want to live like that anymore: Because of her brother's tragic accident that resulted in his death.
Larry puts his hand on the back of Nicole's head and starts kissing her.
2 min 28 sec