Just compared the 2 versions and thought how could they cut the dream sequence. Lynne and Kate were well worth watching.
The following is what's missing from the US dvd release.

(Scene: Willie and Kate in bed. Jingle Bell rock is playing on the radio)
Kate: Morning. (drowsy grunt from Willie.) Willie, your Uncle Doug is dead.
Willie: Uncle Doug's been dead for 2 years.
Kate: I know. So stop sending him Christmas cards.


Kate: But as I recall, we weren't in any big hurry to get up anyway.


Lynne: Alf, that was fake snow.
Alf: Well that's it for Christmas.
Kate: Alf, it is possible to have Christmas without snow.
Alf: I don't want to talk about it. Let's move on to new years.


Kate: Mm hmm. And I'm with Lynne. It doesn't matter what kind of tree it is, a tree is just a symbol. Right Bri?
Brian: What's a symbol?
Lynne: He agrees.


Alf: Excuse me. Would you mind some constructive criticism?
Willie: Yes I would.
Alf: Why don't you read the instructions?
Willie: They're in Japanese.
Alf: Then I'll read them. (Alf studies the instructions)
Willie: What does it say in English?
Alf: So, you weren't able to buy a real tree.
Willie: Just skip the instruction part.


Brian: Dad hasn't finished putting it together
Trevor: So where is the old man?
Lynne: He's in the woods.
Trevor: You mean like a religious thing, a pilgrimage?
Kate: Well he brought home this artificial Christmas tree…
Trevor: So you kicked him out.
Kate: No. He went to cut down a real one.
Trevor: In that case, I'll have another eggnog. Hold the eggnog this time.
Lynne: I know.



Willie: It's not a fake. I mean it wasn't until he got here. Look at our perfect Christmas. It's unravelling.
Lynne: (dressed provocatively in black leather) What's he whining about now?
Kate: He bought a fake tree.
Lynne: That figures.
Willie: Why are you dressed like that?
Lynne: My boyfriends are coming by to get me, so I don't have to help decorate this synthetic stump.
Willie: (speaking to Alf) You're ruining my dream.
Alf: I can't fix this here. I'm going to have to take it into the shop. (this sequence is inserted between Willie saying," It's not a fake. I mean it wasn't until he got here." and, "Look at our perfect Christmas. It's unravelling." on the US dvd's. The audio of Lynne walking in can be heard.)
Brian: (dressed in a military uniform) Bye mom. I'm leaving for some unnamed central American country.
Willie: But Brian, I thought we were going to decorate the tree.
Brian: Later dad. I'm off to stem the tide of communism.
Kate: (Kate is suddenly wearing a sultry outfit.) That'll be my lover.
Trevor: You ready to go babe? Don't wait up. (Trevor chuckles as he exits with Kate.)
Willie: This is your fault.
Alf: Your tree should be ready around Easter. But call first. Here's your stub.