Would it be Disney in charge of restoring Star Wars material or Lucasfilm? If it’s the latter then I’m not sure that what Gluck says would even matter. That, and we don’t even know what question he was answering. Better to just reserve all expectations until April rather than go in optimistic or pessimistic.
I agree. I don’t doubt that Gluck knows what he’s talking about, but he wouldn’t be the one to spill the beans if this is actually happening. To my knowledge he didn’t say anything about whether or not restorationists are or have been working on this stuff.
He essentially only confirmed, that the negative of Star Wars is still conformed to the SE. He mentions nothing about the scans of the SE negative or the OOT elements. In other words a digital reconstruction of the OOT can exist, or can be reconstructed, while the physical negative is still conformed to the SE, and the OOT elements are in storage. Furthermore, this does not even preclude the possibilities surrounding Mike V’s Legacy edition, which in principle could be released without any involvement of the original negative or the original OOT elements. I doubt the preservation and restoration people of either Disney or Fox would actually need to get involved, if Lucasfilm itself decides the quality of Legacy is sufficient to be considered an official 4K restoration suitable for release on various media. Also, it’s interesting that the Star Wars show specifically mentions some surprise surrounding the film that started it all, and not the other two films in the trilogy.