I must say, having gone through a lot of shots of the 2004 SE HD in great detail, there is quite a lot of grain there. So much actually, that I would have no problem believing that that's how grainy the o-neg is. When I say this though, I mean the 97SE conformed o-neg, where a lot of the original optical composites (which would be the grainiest parts of the original) were replaced by digitally recomposited ones. So if they got rid of the crushed blacks and f'ed-up colours, which are probably not a part of the scan but rather a later in the process screw-up, I think the 2004 scans could quite well be used for an original cut re-assembly.