Hello Jollye,
The old double-8mm film frame format is very tiny: 4.20x3.60mm. And because of the used anamorphic lens, that film was not so sharp to begin with. I have seen better. Second, I have captured the film with gamma set pretty high on my machine vision camera. It's a trick to be able to capture the dynamic range of real film.
So yes, the compression from my mpeg4 example clip is removing some detail from the original indeed.
Fred.
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