This made my day! (It had make my year if it was the full premiere video (in good quality) and subbed!)
I believe some members of the Dojo are renewing efforts to see if a high-quality version of the full video can be obtained for subbing. Fingers crossed!
By the way - and I only made the connection after working on the subs - the female presenter at the 1998 Shenmue premiere, Reiko Chiba, is the person Yu and Hiroaki went to dinner with last week.
http://i.imgur.com/atbSXew.png