The theatrical cut of the phantom menace on the japan laserdisc, i know how much people hate the prequels and i am no exception. But a nice Laserdisc capture instead of a recreation would be a good preservation.

Especially for the full bitrate pcm stereo audio.

The special edition 1997 discs with full bitrate PCM would also be nice as niether of these NTSC discs has been done with an anamorphic conversion as well as ivtc. Proper DVD frame speed Etc.

What has been done is captures of the AC3, In Adywan's reconstruction of phantom menace, and in the case of the special editions i believe Darth Editous, and some others have captured those.