I have to say I found a lot of the cuts regrettable. Not only the Earl of Cambridge and his conspiracy, but most of the stuff with Fluellen, Gower and Pistol. Also, the king's "I was not angry since I came to France..." speech lost a lot; in the play, this is provoked by the slaughter of a number of young boys in the army's baggage train, so the king's rage seemed more understandable, but here that was lost (not to mention, it came across as a tantrum more than anything here).
Perhaps with Henry V, I'm more aware of previous versions, having seen both Olivier's and Branagh's versions many times (I have seen other versions of Richard II and Henry IV, but none more than once). For me, those versions remain much better than this.