In defense of Nils, I don't think he's saying that the older codec on a smaller disc is just as good, but that the older codec used with more disc space combined with a higher bit rate can achieve similar results to the new codec. In short, he's asking for proof that the older codec will cause degradation in PQ, if disc space wasn't an issue. Also, the condition of the masters will factor into this equation.
Crawdaddy
Crawdaddy