When you shoot with a camera there is limit to which you can go in terms of picture quality. The current cameras have a limit of some roughly 7000P. This, during transfer to digital medium is actually cut down in terms of resolution.
Animation have the distinct advantage of endless manipulation on the computer. Each scene can be edited the way the director wants in terms of clarity, colors, etc. The strange thing is that computer graphics have not yet reached 7000P, so a well shot regular movie should really have better PQ if you can do a good transfer to digital format!!
Cheers
Venkat, if you meant 7000p as in 1080p and 720p, I would like to clarify that 35mm film is only 2160p and is nowhere close to 7000p.
Back on topic, objectively speaking, the best *visual* reference material for blu ray is actually,
1. Visually good movies shot on 70mm film or IMAX format. (Eg: 2001, Baraka, IMAX scenes from The Dark Knight.) - if you dislike CGI.
2. CGI movies. Eg: Pixar movies, CGI parts of Avatar. - if you don't dislike CGI.
3. Movies shot on digital HD cams. Eg: Zodiac, Crank - if you dislike CGI but also dislike film noise.
Here's an explanation if you wanna know some technical details.
Three factors that decide the quality of the video capture are 1. Resolution 2.Dynamic Range 3. Noise
35mm film has an average resolution of 10 megapixels, which translates to a resolution of 3648x2736 or 2736p. Because most films are shot with the anamorphic 2.40:1 aspect ratio, this resolution effectively translates to Cinema 4K resolution or 4096x2160 or 2160p. 35mm film has high dynamic range but it also has lots of noise.
Digital HD cameras like Red One have the same 4K resolution or 2160p resolution. Digital HD has lower dynamic range than film but also has very little noise. This is why films like Zodiac, Crank etc. have a very clean look.
70mm and IMAX have less noise, more dynamic range and more resolution than both 35mm and digital HD. Baraka, 2001 etc look great on blu ray but the quality of the source is much higher than what blu ray is capable of. The source print for these films is much higher in quality than any film captured on 35mm film.
CGI on the other hand has no limitation on any of these aspects. Resolution is not limited to 2160p or 7000p or even 1000000p. (The final print of Avatar runs to about 17GB per minute, so, it's certainly much higher than 2160p or 7000p.) Dynamic range and noise are non-issues when it comes to CGI. With CGI, the only limitation is how realistically the CGI artist can paint the CGI picture.
So, if you don't dislike CGI, Avatar and Pixar movies are technically much better reference material than any live action film.
If you dislike CGI, then 70mm/IMAX movies are the best reference material.
Disclaimer: All this is assuming, the blu ray transfer was perfectly done.
References:
http://upload.wikimedia.org/wikipedia/commons/a/a4/28k_RED_CAMERA.png
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