The lab one is done so well. How did you get the "old" style footage and sound?
Basically I overlay a slideshow of scratches and images I had made in Photoshop over top the entire thing, effectively making a slideshow. That combined with a lot of saturation changes and contrast changes got what it was. Unfortunately this is not the final version which got rid of the stupid little grainy effects that are just a filter in Vegas. As for the sound I just did a lot of tweaking in Adobe Audition. It's actually quite simple and can be done with a few filters.