'Tis, and in the video the maker explains what they had to do - telecine 16mm film, stabilise, upscale, and interpolate from 5 -> 30 fps, as well as generate plausible sound from the spectra provided in the original test report.
> upscale, and interpolate from 5 -> 30 fps
So it’s not really „restored“.
More like „artificially enhanced“
It's not like a sports broadcast, no fast-paced action happens on the instrument cluster.