Just digging this thread up from the depths, unfortunately there are no updates. I have recently brought a new house and been doing DIY in just about all my spare time, also I've had some silly deadlines at work and been on holiday, but I just wanted to let everyone know that this is still an on going project and still a high priority, it's just a matter of finding the time.

Dunedain said:

Max_Rebo: Thanks for the update! :)

I hope after you release this NTSC DVD set that you will consider going back to your prepared pre-DVD source files (just before you encoded them for NTSC DVD) and color correcting them back to the GOUT's more correct original colors and releasing a set like that (no other changes, just the color correction). :) This way we can also have a Star Wars SE set with the very nice overall image quality of the SE's, but with the more correct colors from the GOUT. :) Even if the GOUT isn't perfect in this regard, it's far more accurate (especially in certain scenes, as we've seen from the screenshots) than the SE and the best non-SE source we have available.

It would be great to have a choice to watch the Star Wars trilogy SE version as it was broadcast or watch the SE with the original non-SE colors restored. :) Also, I'm not sure if anyone has ever color-corrected the SE before, so it might be a first ever achieved by a fan project. :)

I would say this falls under the heading of long-term plans, it is something I have considered but I have several other projects to complete before I would revisit these.