God bless him, I hear that this film is flying off the shelves and already out of print, so it must pay to be a sicko. So good luck getting your hands on it. Pretty good for a 16mm film blown up to 35. There's grain, but there's supposed to be grain. Fujiwara meant this film to be very organic looking, and I have to say that this transfer pretty much captures her vision quite well.
Colors are good, and they'd better be considering all the reds, greens and yellows on the screen.
And as grainy as it is, the film shows a nice thick contrast and great use of blacks. No complaints from me. The audio is good as well. It's a workable stereo mix that has a nice ambiance to it. You get sucked in right from the start and it has a lot to do with the music.