We've been going through one of the versions.

So far the colors look great. There is a lot of dust and scratches on it though, so it won't be that quick or easy to convert.

Hopefully the other versions will have cleaner frames.

There's quite a bit of noise on the tails and heads of each reel.

Also, there is a lot of inherent weave in the film itself. You can see the sockets are stabilized, but when they printed the film, the image moves around.

The entire image will need to be stabilized.

This is from reel 2:

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http://www.dailymotion.com/video/kPJsFZ4cPbM3kr848dO

Team Negative1