Skippy The Jedi Droid said:
There is already one guy who has done all this and in higher quality (1080p): http://originaltrilogy.com/forum/topic.cfm/TPM-1080p-Theatrical-Preservation/topic/17311/
No, that guy is making a theatrical re-creation with several different sources combined; this is just a laserdisc upscale with subs added.