Obsolete formats (especially with high performance mechanics) are fun, but VHS picture quality isn't. My idea of fun would be to try to get the best picture quality possible by throwing appropriate digital encoding + error correction + compression at the problem - the more anachronistic, the better.

We have crazy powerful DSPs (like a low end GPU), advances in coding and error correction codes, and highly advanced lossy compression algorithms now 8)

Previously on HN: film on vinyl LP (pretty terrible, not much to work with), super high quality VHS reading by hooking up ADCs directly to the video heads + software, and VHS tape streamers (IIRC 1-2 GB with circa 1993 cheap hardware).