Bright Lights Film Journal has published an example of the valorization process in action. "The Valorized Artist; Incorporation in the Perpetual Art machine [PAM].
Thought Forms illustrations scanned and put on-line for your information. Besant's book may have been influential on early abstraction, especially both Kandinski and (possibly) Fischinger. Note the illustration that looks a lot like Fischinger's work.
Here's a program that will print out video viles arranged so you can make them into "film." Inkjet Printed Film Process renders them onto paper. I imagine this would make a mess of the projector, though. It's more of a conceptual thing than something I would actually consider running through a real projector...