@monks19
Thanks for the extra link. Too bad not much info there either (as regards methodology, which is what I seek).
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@ww12345
It looks like you are well on your way with your 16mm transfer machine. I just wanted to point out (hopefully not too late) some informative discussions I've come across. johnmeyer over at Doom 9 has gone through the process and made insightful comments of his experience. Here are some particularly salient ones (search for more of his posts there):
Doom 9's Forum: High Speed Film to Video Transfer Machine -- Need IVTC Help
http://forum.doom9.org/showthread.php?t=106837
"I have talked to Roger Evans (Moviestuff) .... The problem is that Roger is a "hardware" guy and has never felt comfortable with the software side of things. ... This is too bad, because I can capture frame-accurate, like his Workprinter, but at full 24 fps, and I can capture to a cheap HDV camera, whereas if he is going to do HD, he will have to use a camera that can export individual frames in HD, or will have to use a still camera (which of course would produce exceptional results, but would once again be very slow)."
"As to the advantages of using a still camera, I am agree that they are better in ALMOST every way. Resolution is only one of their advantages: Better lenses, as you point out, but also MUCH better dynamic range, better sensitivity, etc. However, the big downside -- and this is why Roger started out using camcorders and still does -- is that they take discrete pictures (rather than continuous) and therefore you have to slow the projector (or whatever you use to advance the film)."
Doom 9's Forum: Hdr Agc 1.8.7 - 10.09.2006
http://forum.doom9.org/showthread.php?p=868799#post868799
"Thanks first to the author and also to VideoFred. I'm using my 16mm 24fps film-to-video transfer device (which I've described in other threads) to transfer another 31 cans of film. HDRAGC is doing a MUCH better job of adjusting the gamma than what I was able to do in Vegas, a program that actually gives you pretty good control over levels, gamma, curves, and color. I'm still going to touch up levels in Vegas, and I'm going to do all the color timing (correction) there, but HDRAGC gives me a HUGE headstart."