So…after a prolonged pause, an update on the situation:
I’ve now been in touch with animation archivist Steve Stanchfield, and I can reveal that there is in fact a project in the works through his Thunderbean company to collect and release the Felix films in highest quality on a 3-volume BD set of 3 discs each…which is exactly the best case scenario I was hoping for when I started this thread. It is being worked on as we speak. Fantastic!
Unfortunately that’s about all I can say about the project at the moment, but I will certainly keep this thread updated when I have future information. Suffice to say that right now Felix’s early films are in good hands (the best hands, in fact!) and I look forward to the day when we can purchase a definitive collection to reside on our collective shelves.