Thanks for your patience everyone, this project is still on its way! I don't want to rush the decision-making process here (Russ has provided multiple passes so I want to make sure I'm using the best version of each segment) so I'm still at the rough assembly stage.

I want to keep this preservation as transparent as possible so I'm initially grappling with Womble - I have other (arguably better) editing tools which can edit the MPEG-2 but they WILL re-encode it, particularly since I'll be adding material from other sources (e.g. the ads).

As a rough estimate I'll be looking to get this done in time for Christmas - the formats will be a DVD with menus (possibly dual layer, depends on the final tally) and an MP4. Any thoughts or suggestions in the meantime, send them this way...