This thread is not about it.
Watch rather there : http://originaltrilogy.com/topic/Neverars-1080p-Star-Wars-Color-Correction/id/16256
That is a very meticulous color correction of the official Blu Ray of ANH which will be the basis of Star Wars Despecialized 3.0.
When it’s finished, shots from cleaned up 35 mm scans will be incorporated (instead of GOUT shots of the previous versions), and every little repair (subtitles etc.) will be done again.
I’m not sure the completed film will be released this year. As for the other two episodes…