I remember reading about a company that many Hollywood studios have outsourced their digitization too that pulls the images off standard film at a resolution that is twice the 1920x1080 size (i don't feel like doing the math). They are being stored as raw files so the studios can use whatever the latest software is at the time to remove film scratches and increase clarity/contrast/lighting.
The phone has 256MB of RAM and a 1GHz processor, which do the job reasonably well, though the Anna interface will likely leave something to be desired for many smartphone users.
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In response to #16 and #21.
I remember reading about a company that many Hollywood studios have outsourced their digitization too that pulls the images off standard film at a resolution that is twice the 1920x1080 size (i don't feel like doing the math). They are being stored as raw files so the studios can use whatever the latest software is at the time to remove film scratches and increase clarity/contrast/lighting.