I suppose if it’s possible with the wizard of oz however, it should be possible for star wars.
And now for a question only a noob would ask, why wasn’t something this sophisticated done for Star Wars years ago, even if Lucas only would allow the special edition to be the cut distributed, surely FOX had enough power to retain an 8k master copy of the original version.
I mean due to lucas, there may be no money in it but why wasn’t that done for archival purposes?
Back in 1994 when the SE project started, digital scanning wasn’t what it is today. Only the shots that were going to have digital bits added were physically cut out of the negative and scanned at 2k. The entire negative wasn’t scanned digitally until preparation for the 2004 DVD, and then only the 97 SE at 1080p.