Lowry Digital Images get another news item on them:
The company deployed 700 Terabytes of storage to support the project. Company founder John Lowry explained: "This is true frame-by-frame digital restoration. When you have 42 miles of film, there's a lot to clean up."
Ian Caven will be speaking at the upcoming Vancouver Python and Zope user group and will probably have screen shots of this very transformation. Whilst the article mentions that they use a large number of Mac's they also use a huge amount of Python and Zope.