No this is completely win-win for Jeroen (producer/director) and his crew. ILM is very cool about this sort of thing. He will be able to show the film at festivals and get notoriety (i.e. Slashdot and Wired) to help get him investors and propel the excitement forward. In order to become a noticed force in the entertainment industry you HAVE to put in countless hours outside of your normal work and expect that money will follow in time. However, working for ILM as your daily grind is fairly lucrative. Jeroen has worked for them for over 10 years and he's doing what he loves.
I've had the pleasure of meeting and spending time with Jeroen at ILM, and well, he is MORE than happy to be working with Mr. Clark and this is definately his dream come true. In the same position I can't imagine anyone would be averse to spending extra time to realize their goal.
More power to them, and thanks for posting this story to /. !!