Having viewed parts of the Blu-ray version, the result is pretty impressive but not quite "5 star" quality as blessed by HiDef Digest. I would give it a Tier 1 rating. Viewing on a 1080P LCD TV (LCDs tend to accentuate artefacts) there are still cases of "gentle" macroblocking and video noise on the main feature (i.e. not the obviously lower grade HDV footage).
Having said that, this must surely be the worst case real world scenario for HD encoding. Stroboscopic effects and dimly lit conditions through most of the feature make it a torture test. The VC-1 codec stands up extremely well here (with some tweaks specific to this release). Nice job jimby_99.
Another note: the 5.1 AC-3 track is very punchy. I can't wait to hear the TrueHD track unleashed (I'll have to wait for my next BD player for that).
Displays: Sony VPL-HW40ES | 110" SI Motorized Slate screen | Pioneer PRO-150FD
Sources: Sony BDP-S5000ES | Dune HD Smart D1 | Roku HD | LG LST-3410A HD-DVR
Speakers: Nearfield Pipedreams 18 (L,R,Sub1,Sub2), Pipedreams 15 (C)
| Magnepan MC-1 (WL, WR, SL, SR, SBL, SBR)
Audio: Denon AVR-4311CI | Bryston 6B-SST | Bryston 14B-SST
Control: Control4 home automation