Everyone: Thanks for the motivation and information!
I'm staying up late tonight to do the VHS->DVD conversion. I took a small one-minute sample and I've to say: it looks great! My samples really don't do it justice.
The following's a screenshot from the aforementioned one-minute DVD sample: Sample 6
none: I think I may need more help with identifying the source. I do think you're right in saying it's widescreen, as it looks like it was horizontally-compressed into fullscreen. I plan to have this up somewhere by tomorrow evening, so let's work on it together, OK?
SilverWook: It definitely is weird. I think it may've been a Smut+Illegal(x) store.