it drops to around a 7/10 quality... but it rises to an 8.5 and 9/10 quality in other scenes. There's very little digital scratches/glitches...
LOL, explain me the concept of "digital scratches".
If you give this a 8-9/10, what grade would you give true high quality transfers like "Gladiator"? 18/10?
there are some (hallelujah!) and it's certainly not an amount to worry about. You've certainly seen more scratches on a james bond movie.
The lack of scratches doesn´t make up for the terrible softness of the picture.
The un-steady "movement" is, I believe, due to the way a film camera works. It can't guarantee every frame gets a perfect field of view, and at the same time all the moving parts cause the camera to physically "shake" a little. The camera-shake is something that exists on the negatives, and is a by-product of shooting on film. Removing that is like removing the film grain, which is like colourizing a black and white movie.
Ah, and a soft and unsharp letterbox transfer made with old equipment truly represents the original movies, as they were seen in cinemas? Here goes boris again.

And again, the 04 transfer has lots of film grain. My theory is, you don´t even know what film grain is, its nature, and thus can only "spot" it when it is so much evident that the picture becomes really noisy.
It's not distracting, and it is normal. Godfather has worse camera-shaking going on.
Again, you understand nothing. A shaking picture can of course be camera shaking (in action scenes, when the camera does constatnt movement), but most of the time, it is an effect caused by shrinking of the old film material and defects of the film perforation. It can also be introduced in the lab, which made the 35mm copy. It was never supposed to be there.
There's some aliasing here and there (there isn't much though)
Yeah, so less aliasing that you can clearly spot the NTSC upconversion....
- but on the whole it's a very nice transfer. It's a nice and sharp picture, with good colour... the screenshots don't do it justice, you have to actually watch the movie to fully appreciate it.