SilverWook said:
It's still film, so there ought to be more information there than an analog video master has?
It depends. Sure if it were a pristine 16 mm print, that'd be one thing. But having been a projectionist for a number of years, 16mm prints are the bottom of the barrel in terms of quality control. As we see with the puggo grande, the image is cropped at the bottom, the second reel is pink (imo, this is probably a hastily made replacement reel. This happens often if reels are missing or damaged when returned to the distributor after projection), and it's littered with dust and scratches.
Just because it's film doesn't make it a holy grail of quality. So people have to remember that the puggo 16mm projects are an interesting, and I find, highly enjoyable project. But if you're looking for a pristine copy of the OT... Get harmy's despecialized or Dj's gout project.