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I've got a crazy idea my friends and I are considering
When DJ finally uploads the 97 SE v2, there will be an excellent transfer of both the theatrical and 97 releases.
Despite the added scenes and annoying CG, the 1997 versions were great restorations of the original films. (nothing like the funky color correction in the 2004 versions)
What if we took DJ's enhanced V3 theatrical versions and simply edited in the parts from the 97 SE that weren't offensive. (which is alot actually) It would be around 80% 97 SE and the rest would be the theatrical elements. Theatrical audio throughout of course.
I haven't seen a video clip from the 97 SE Trilogy V2 to compare, but I would assume the quality of the picture is better than the GOUT. It came from a "restored" source made in the late nineties. (has DJ ever uploaded a sample? I'm going to dig through the forums right now)
I understand this is a bit nuts, but it would be a way of making a theatrical cut using the BEST visual resources available. Other than someone privately funding a 35mm cleanup or waiting until hell freezes over when Lucasfilm releases the theatrical cuts, this is the best way to make a "restored/cleaned-up" version of the films.
I might even consider taking on the task if I think I can find the time.