Man, that’s really cool news. I will ALWAYS cherish and seek out fan 35mm preservations. But if we FINALLY get an OFFICIAL quality restoration and release of the OOT that will be something great indeed! These films need to be out there for general audiences to see; not just the obsessive enough, hardcore enough, technically savvy enough of us to hunt down things like 4K77.
If this comes to fruition, I think it will be REALLY interesting to see whether I personally prefer the official release or the fan preservations. But having these officially available again would just be so nice!
Here’s hoping this comes to fruition!