My friend here in Portland shot a short film piece with a PD-150 and I must say the way he uploaded it and compressed it and did everything, it mimics 16MM to the T. I also heard that shooting with a digital camera under $2000 and with the CA$H transfer it to 16 or 35mm you get a professional look it's just the green to make the scene. Anyway, here is his short:
http://www.youtube.com/watch?v=z2ozEfkZmPI
http://www.youtube.com/watch?v=z2ozEfkZmPI