Interesting interview with Frederic Lumiere, producer/director of the 10-hour mini-series "WWII in HD" which aired on the History Channel. They culled through 3000 hours of color footage shot during WWII. Transfer of footage was a mixture of scanning and telecine (via the RED ONE).
"For the footage coming from the National Archives, we used very expensive digital file scanners. Essentially, each frame of film is digitally scanned and cleaned and as a result, we get an HD quality digital file that we can edit right in our timeline. For other types of footage, we actually used the RED camera in a telecine configuration. What that means is that we shoot the film projected at 4K resolution which is 4 to 5 times the resolution of HD. Jim Jannard (founder of RED) and his team helped us a lot with equipment and technical expertise."
The full interview is here:
A short video of the preservation process with RED ONE visible at certain points is viewable at link below (click on "Preserving the Film" video):
** update: same clip is at: http://www.youtube.com/watch?v=I5rT6DlGtfA **