I think that shooting in film is much more advantageous than digital - if you have the means of course. In terms of image quality and archiving, nothing that exists in the digital domain at the moment can best it.

However, digital distribution is winning me over more and more. I love being able to go to the movie theatre and watch old movies that look like brand new and not some 4th generation beat up, faded 16mm dupe.

I've seen Grease and Lawrence of Arabia recently on the big screen in digital and I was amazed by the quality. Had I tried to get Grease back in my college film club days, I would have received the reddest, crappiest print the distributors decided to give us.