Sadira Curtis

it is downconverted to dv

I am a student and production managing a short that we shot on HD but downcoverted to do my offline edit. However when the editor went to capture the online today the timecodes for some werid reason do not match and the online capture has resulted in the wrong footage being captured. We have been told that i either have to recapture and edit the film again or simply grade the downconverted footage. The delivery format is tape HD and Digibeta and we do not intend to blow up to film at all. Is it a good idea to proceed with the downconverted footage or is it worth starting all over again. The film is aimed at festivals and we are doing the grading/colouring in a professional studio. Would it still look okay?