Warners is currently conducting an extensive search for the best existing prints for the Monogram films that they control in preparation for their planned release of those films and Black Camel.
As most are aware, most circulating collector copies of these latter films are derived from 16mm prints, many with dubious quality. The Monogram library was not well maintained over the years and changed ownership several times which makes tracking down these prints difficult.
Hopefully if Warners is successful in their search we will be able to see these films the way they were meant to be seen (with a clear picture and good sound).
As has been said before, it is very important that the Fox releases do well sales wise. The better Fox does with their releases, the more effort Warners will put into theirs. Fortunately, most of the evidence points to Vol 1 being a success.
PS - Warners is also tracking down the best available prints for another Monogram series: The Bowery Boys. I suspect many Chan fans also enjoy the antics of Leo Gorcey and the immortal Huntz Hall.