"A 1080p/24 transfer of the OUT will look better than what anyone saw in the theatres in 1977,78,79,81,82."

This is probably true, but it does depend on what the source is. For instance, due to the fading, grain and dirt levels of the 1985 IP, I would say 1977 theatrical prints looked much better than that, and the 1985 IP is likely to be the source of a future transfer unless they do a restoration from the negatives. I would almost say the surviving Technicolor prints would be the best source other than going to the negs or separation masters.