MeBeJedi, it's gonna take a lot of work to make this happen. From what I'm told, this VHS telecine is from a 16MM print that looks...well, not the best. But with proper software, the mono soundtrack (which I'm told is good) can be synched to the picture from the original version.

Currently, I can do DVD-R discs in PCM sound (not AC-3 as I don't have the proper software to do that yet)...that's how I did my transfers of the 1997 Special Editions to DVD-R, and each one necessitated two discs a title, since I had to get the supplementary material on them also (for instance, "A New Hope" includes the original special "The Making Of Star Wars" plus two clips from the original mono version with Aunt Beru and a before-and-after comparison of the Jabba scene; "Empire" includes "SPFX: The Making Of The Empire Strikes Back" [CBS special]; and "Jedi" includes "From Star Wars to Jedi: The Making Of A Saga" [PBS special]--I chose that over "Classic Creatures: The Making Of Return of the Jedi" as I didn't care very much for it.).