Man, I can't wait. I've just got my old TR47's right now, and I haven't even watched them in a few years, because I just end up getting frustrated with the relative poor picture quality.
I have a weekly movie night with several friends, so I will definitely be bringing this once its released. I have been keeping them up to date on all the preservation work, and they are very excited at the thought of being able to finally watch the OT again.