More progress report...
Last night I cleaned reel #3, and repaired about 5 feet of sprocket hole damage. I then completed the raw capture of reel #3. Despite the sprocket damage, I think reel 3 looks a little better than reel 1. (I decided to capture reel #2 last, because it is in the worst shape).
Updated the timeline on the website. I still haven't replaced the frame grabs with new ones since changing the gate. Will try to do that later this week.