I know many filmmakers who refuse to digitize their films for this reason. We've talked about it at length. It is a film that needs to be seen in a dark theater with the projector throwing celluloid light from behind your back. Peter Kubelka, too, is adamantly against transferring films between formats. He respects video, Super-8, 16mm, as long as we don't translate between them.
Some filmmakers are against they way video looks.
I have not put many of my own films on video. Ken was willing to try the experiment and he was happy with the result. To finish, here is the preface I wrote for the magazine. Film projection is an ephemeral experience, a rare moment, like a performance. No cassette can convey that experience.