Some thoughts:
Copyright should not be an issue. As long as the clips are kept to the requried maximum time, and the movie adds content, there should be no problem. This is WAY on the right side of fair use. I know that on A.org the word pirate gets used instead of the word terrorist, but really guys, there isn't one around every corner trying to bring the global economy to it's knees.
That being said, anyone who thinks that VHS is a adequate format to use as a source materiel for making a for profit movie in this day and age clearly does not understand the process well enough to even make a decent amateur film. It sounds more like someone who has found a buyer for used VHS tapes.
Voyager sucked. Janeway sucked. Not because she was a woman, but because they spent too much effort show how she was a pseudo-feminist. How she was just as good as a man for all of the stereotypical man things, but was even better because she was also good at all of those stereotypical woman things. She also simply did not carry herself as a leader.
The Orginal StarTrek was the best followed by Enterprise, DS9, and finally TNG.
Of course Calen is right that B5 was better than any of the ST shows as long as you completely forgot about Crusade with it's cheesy D&D cast. What I always wish they would do is play off of the episode where the earth was destroyed. It was the one where they showed the last humans leaving earth in the far far future, an did a time line montage of the human race. One of the scenes was of a ranger that was masquerading as a monk during a midevil period. If done well, that could make for a good show. Not specifically about the monk, but Rangers hiding out on primitive planets making sure that things move in generally the right direction for the planet's long term development.
