Yup, don't know exactly what they did, but I'm seeing a substantial improvement over v1.03.
I'll see if I can post some samples up to a Vimeo page later, but here are some quick single frame grabs, completely ungraded, but resized to 1280x720 for the forum size limits.
800 ISO for the frames of Whitney and John, and 1600 for the Taxi - I really hope the Pentax boffins can give us a wider range of ISO number to choose from, 1250 would have been better for the Taxi, and I could have use 640 for the indoors stuff, instead of 800 and close down the Iris a could of steps.
These are all shot with the image profile set to 'Muted'.
EDIT: Ewwww, the resize and upload was really unkind to the original frames, the noise pattern has gone Blotchy, which is not representative of how random the noise pattern ( grain,..) looks in the original footage.