I'd say yes on target, just the timing may take a

I'd say yes on target, just the timing may take a little longer.
Projects like movie restoration, transfer can vary greatly. Start with 11 passes of various exposures (3 red, 3 green ,3 blue, 2 white). Combine it all into one master. Some may be pretty clean and fly through next retouching, noise correction, whatever. Others need a more hands on approach requiring a closer look at each scene, shot or even frame to cleanup. In the worst case, this can take a long time.
Movies are average 90mins.
24 fps X 60 seconds = 1440
1440 x 90 mins = 129,600 frames X 11 passes = 1,425,600 frames scanned.
I believe the way the scanner works is as each frame is advanced the scanner takes 11 pictures then advances to the next frame. So 129,600 frame advances, each taking?
1sec? = 129,600 sec or 36 hours
2sec? = 259,200 sec or 72 hours just for scanning.
I'd say 1 maybe 2 movies per week per team.
Plus add on the fact that 4K studios is trying their hardest to make the BEST transfers in the business. Whenever you are putting out top quality, it takes longer.

I wonder where NFXL's 5.5 BB is going get 4K content when not much exists yet?