I just found out about this project and I couldn’t be more excited 😃 Finally somebody is doing what I thought might be the best chance to finally get the best of all worlds in terms of the LOTR, especially FOTR, official releases - each HD version of FOTR has it’s own flaws and it always annoyed me that whichever release I chose to watch, I had to choose between bad colors (EE BD), bad DNR (Theatrical BD, 4K BD), and/or bad resolution (Theatrical BD) - this project seems to be aiming to fix all of that and that’s amazing.
Now if someone could also edit out all the bad moments like with merry and pippin etc. it would be a perfect trilogy.