i dont know the slightest thing about film, but why do you want 16mm? You detirmined to shoot on film thats fine... but why does it have to 16mm? The fact you are considering to shoot some with DV would suggest to me money is a factor here and you dont have never ending supplies...
why not shoot on 8mm? you will learn just as much as shooting on 16, it will look nice if you light it properly and it will cost alot less...
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