Here is the last current state of the project:
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http://originaltrilogy.com/forum/topic.cfm/team-negative1-star-wars-1977-35mm-theatrical-version-release-details-and-updates/post/759744/#TopicPost759744
We are anticipating to have a preview workprint in a few months, and previews of Reel 1 and 6 also. We are hoping for a release this year so we can move onto the other projects.
Also, someone asked about donations, since we are currently funded, we are not looking for any.
If you were not on the blogs, the only way to get the early preview is to participate here or on reddit, with appropriate on-topic comments.
Then we might consider you for addition to the list of other people.
Team Negative1