The issue is that even Barker himself said that the movie, as it exists in the theatrical cut, "doesn't really make sense and work as a piece". He's mentioned in several interviews that there's 30-50 minutes (if memory serves) of the flik that will fill in the gaps and allow the piece to flow a bit more seamlessly.
I personally assumed that Barker's back catalog of films would be re-released around the time the Hellraiser remake comes around. Obviously, that's just assumption, but i was basing it on things like the recent "special edition" re-releases of the first Friday and MVB earlier this year.
...And so Charlie Noodles says "I don't know what it is, but it's got my pants and won't give'em back!"