One of my first reactions to the OOT announcement besides utter disbelief followed by a wave of utter happiness was-- “those poor guys at originaltrilogy.com who are working on presevation projects”. i.e. the XO Project. People are starting to say that they are nullified and that this site is obsolete now and that these people slaved so many hours and their work is now wasted.
But maybe not. Early, largely-unfounded reports are saying that maybe this OOT release is made from a different print than the 2004 release and is not as clean, sharp or pristine. Personally i dont see why Lucasfilm cant use the original print that was restored for the 2004 release and simply splice in the original opening crawl. But in the event that they use and entirely different master that is far less preserved than the 2004 SE we will have a need for NEW projects which mesh the new quality from the 2006 OOT with the rest of the 2004 DVD for the non-SE scenes, giving us the best possible presentation. The colour correction is also still an undecided issue. And then there is the audio–will Beru be teh original mono track? Will C-3P0 explain the tractor beam? Will Luke tell Artoo he “was lucky to get out of there?” We’ll have to wait and see just what exactly it is that we get in terms of video and audio.
Plus, there are still many fan-edits to be made and passed around, especially the PT. So hopefully all of our OT-preservation will be rendered obsolete but in the event that Lucasfilm gives us a less than 100% transfer we will still be needed to provide those last few percentages!