As far as using PCM audio on a single layer disc, there has been talk of the video quality suffering far too much. This is not the case. Because the Laserdiscs are so much softer than a true film->dvd transfer, it actually makes it very easy to compress. The average bitrate I'm using on the new set (which is actually a little less than I used on the old set because I'm making room for menus) still produces a maximum Q level (as reported by bitrateviewer) of LESS THAN 5, and an average of less than 3. While this doesn't imply that the final video quality is perfect, it DOES imply that the quality lost due to compression is extremely minimal. As a comparison, I popped in the theatrical version of Fellowship of the Ring, and the average Q was around 4 and it peaked all the way up to 8 for a max. The point is, because of the nature of the source, it is very compressable... so you lose just about nothing when comparing single layer to dual layer versions. For those who don't believe me, I did actually compress it twice and I will keep the "dual layer" version archived for future purposes if necessary, but right now, it just isn't necessary.
They will be anamorphic, so that people with 16:9 sets can watch them without black bars on the sides. The one thing that might be an issue is that while the subtitles in the Jabba the Hutt scenes aren't cut off because of the resizing process, they well almost certainly be in the overscan area on typical 16:9 CRT sets. This shouldn't be an issue for LCD/DLP projection and it won't be an issue on a PC monitor, however.
For those that think the color saturation in the original set is lacking, I've picked up a lot more knowledge on color processing in the last 2 years, so hopefully people should agree that the color on the new set far exceeds the quality of the previous set.
If you have any more questions, you can get me on "Cowclops" on AIM.
For those wondering about the previous version, you can find my crappy leftover "faq" site on the original version at http://www.cowclops.net/sw.htm
Feel free to continue referring to it as the TR47 set, as he is going to do most of the "promotion" work anyway, as you've probably already noticed.
Enjoy.