The document summarizes a project testing the feasibility of emulation and migration as strategies for preserving web archives. It describes the National Library of Australia's web collections and common web object types. It then details tests conducted on a sample of the NLA's PANDORA archive using emulation and migration tools. The tests found that emulation was complex and slow, while available migration tools were imperfect and slow. Both strategies require significant resources and clearly defined preservation policies. The document concludes that no proven digital preservation methods currently exist and more real-world testing is needed.