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There is definitely at least one 70mm print of Star Wars in the hands of a private collector, according to this link: http://www.stevehoffman.tv/forums/archive/index.php/t-141011.html
Steve Hoffman was lucky enough to see it a couple years ago, and according to him, it still looked and sounded fantastic despite its age. Obviously going from a theatrical print may not be ideal, but given all the alterations that have been made to the original, possibly even at the negative level, this might actually be the best surviving copy of the film in existence. At least it is in the hands of someone who treats it with care and respect, even if the chances of it being transferred and released are very slim at best.
What I find interesting is his assertion of its superiority over the SE in quality terms. That the '97 soundtrack is significantly less dynamic is obvious from even a casual comparison with the DC mix--but he also says the image of the SE was much softer than what he saw. I wonder if that means they really did scan the whole film to digital for the sake of re-compositing the effects. They only had 2k scanning in the 90's, which is less resolution than 35mm film to be sure, and if true it would certainly account for the disparity.