Judging by the specs and its unknown provenance, I don't think there's a person here at OT.com that would figure this post would be anything at all like the final release. Anybody judging a full-on DVD project on the basis of a one-CD DivX encode -- from a "real" source or not -- would be seriously jumping the gun. (Unless it's really fantastic, I guess?)
What really interests me is the "timecode print" part. I want to know more about that! I've been collecting up sources and finished preservation projects for a long time, and I've never even heard of (let alone seen) any with timecode. I'm assuming (hoping!) this would be SMPTE-style code, labelling every single frame. It would sorta suck if this were just a to-the-nearest-second sort of VCR counter thing. But even the VCR-type thing could be something in the style of Wookie Groomer's split screen version -- something that maybe isn't meant to be watched as entertainment, but rather appreciated as big-time Star Wars scholarship.
I hope someone can post some screen caps sooner rather than later...