There was a UK PAL LD transfer years ago, I think by Grinder and only as an AVI file. I used a shot from the file here.
http://homepage.ntlworld.com/russdawson/gtf/swfull.html
I read on another part of OT.com that a script fot the best P&S LD is being worked on as well as syncing to GOUT. Personally I cannot wait.....