I was very blatant about what film specifically I was talking about getting transferred, and we spoke extensively about the copyright infringement aspects of what we were doing. The only concern was that they saw how they could be "profiting" off of the transfer, but assured me that the international copyright agreement pretty much had nothing to say about what we were doing, especially because it's for educational purposes. Basically, they agree with our "own the official stuff" code of ethics, and are more than willing to participate in helping us preserve the film.
I can get it transferred, and provide copies to anyone who wishes to do some digital clean-up work, stabilization, IVTC work, color correction, or what have you. The only question is whether we would like to transfer the one on eBay (granted we even win it), or if maybe Puggo's lead would feel comfortable with their copy getting transferred by somebody else besides Puggo.