I'm using Anamorphic lenses on SD 3 chip cams (DVX-100A and VX-1000). How does (or how do you think) that looks upresed to HD. What would be the process?

Theres a program called Transition:

Transition HD- High Definition Video Conversion Software (http://www.kazazz.com/transition/)

Has anyone ever heard of/used it before and what are the results - and if there is better standalone software, what is it?

Look here: Red Giant Software - Products - Magic Bullet Instant HD Advanced 1.0 - Overview (http://www.redgiantsoftware.com/products/categories/enhancement/magic-bullet-instant-hd-adv/)

From just a quick glance at the help section on the website, it sounds like Transition HD is simply using bi-cubic re-sampling (not sure how they think that's patentable).

Here are a few more:

Video Enhancer Video Enhancer - convert SD video to HD using Super-resolution method (http://www.thedeemon.com/VideoEnhancer/)

Topaz Enhance (free 30 say fully functional trial) Half price sale at Digital Juice
Topaz Enhance - High-end video enhancement software (http://www.topazlabs.com/topazlabs/03products/topaz_enhance/)

Boris Uprez
Boris Continuum Units: Professional Toolsets for Adobe and Apple (http://www.borisfx.com/product/continuum/units/)