OK, I just received a few raw ESB shots from Puggo and they really confirmed for me, that releasing these projects as DVD, especially DVD5, is a really bad idea - if the raw files were upscaled to 720p and then encoded using some non-prehistoric codec, they could look great! For me, the PG and PSB DVDs are pretty much unwatchable, but what makes them unwatchable, isn't the fact, that they are grainy 16mm transfers with a lot of dirt in them - all that actually adds to the cool factor of this project - it's the ever-present super-ugly mpeg2 compression. See for yourselves:

http://postimg.org/image/4bngio7pn/full/

(Top: The PSB DVD Bottom: The raw file)