In a goddamned heartbeat!
The only concern I'd have is whether or not the technicolor (or any celluloid based 3D format for that matter) is simply an intermediate step towards digital.
I think Mike and Transit are right in that digital is going to rapidly become the industry standard over the next few years. From a returns perspective, I just have a problem investing in a half-measure that may realistically only have a life span of 3-5 years, then have to think about making the investment again and re-fitting/tooling for a digital setup.
I know that costs are going to come down for digital (i mean the per screen cost has deflated ~30% in slightly more than 2 years), but there is still a time-value of money problem in that i'm putting money to work in something that will ultimately have to be replaced in short order. With celluloid having such a long life span, that investment made sense, but if 3D on celluloid isn't around for a tremendously long time, I just can't really convince myself to invest in it as opposed to levering up a bit to make digital happen.
The alternative content, simulcast and sporting events through the digital content networks (NCMI, etc) as well as the ability to easily shift pictures to different auditoriums (or to multiple auditoriums) is also something that tips the scale towards digital. Asset utilization is a huge thing for the exhibitor, so anything that can help me increase that, even in a seemingly small way, helps push profit down to the bottom line. I'd think that folks' success with using digital projection to sellout 6 screens of 'Twilight: New Moon' on a Thursday night at midnight during a period in which the theater would basically be dark would be illustrative of the leverage and utilization benefits for digital. 3D celluloid, to me, just seems to offer a short-term boost to price without the corresponding benefits of screen flexiblity and alternative content.