Interesting that we're still talkin' about LD transfers after all this time...
The X0 Project screen cap wasn't a hoax. It was a proof-of-concept, using some borrowed proprietary equipment. Sadly, only Laserman knew the details of exactly what was done, and how.
Even just making a good LD cap is *hard*. I've got three copies of the JSC, plus a very competent player (a Pioneer LD-V4300D), plus Laserman's personal cap card, and still it's tricky. (Of course, I haven't tried it for a while. Now that the Blu-Ray is even further off-track in some areas, it might be time to pull out my stuff and give it another whirl....)
Once the caps are done, then lining everything up to use TooT is a bit tricky, too (and keep in mind I created the concept, if not the programming, so I know what I'm doing).
What's needed thereafter is some custom processing -- but that's also tough as hell, because all the sources would probably have to be lined up manually.
And, at the same time you're working on a good LD-cap project, things like Mike Verta's 'Legacy Edition' and other good work get done, and make all your hard work look sorta futile.
Which is where the X0 Project got to, and then ran out of steam. Which, personally, I'm really sorry and bummed about.
So I'll sort of quietly be looking forward to -- and yet skeptical about -- this new project. My take thus far is that it's got more than enough enthusiasm from X0-1138, but is lacking in technical chops. I would be delighted to be proven wrong!