I'm slowly bringing assets together for mine - have demuxed and started to parse the German TS stream through AVISynth to render out AVIs of the different segments. There's also the beginnings of a menu being worked up in Photoshop, but at present alot of things are still at the planning stages.
This was the x264 discussion I was talking about:
http://forum.doom9.org/showthread.php?t=148826
As you can see for some bizarre reason, I'm having problems muxing my x264 files in Scenarist - "The Island" trailer that Ben Waggoner posted is fine - very strange as both are Lagarith and are fed to MeGUI using the same AVISynth script - perhaps Scenarist hates Episode I as much as some people here :-)
I noticed when I demuxed the German TS Files that the video was at 25fps while it was muxed at 24fps. In AVISynth I've slowed the footage down with AssumeFPS, but I guess this means I'll also have to slow down the ac3 files which is less than ideal - had a devil's own job doing that with Howard the Duck!!
DVD-BOY