Thanks for the kind words!
> What size library would be required to decode these type of images?
The model is 726MB. Keep in mind that this is a research project - further research needs to be done on how to get faster now that we know that this kind of results are possible!
> And would the decoding library be updated on a regular basis?
Only if you want even better reconstructions!
> Would the image change when decoding library is updated? Would images be tagged with a version of the library when encoded (HiFiC v1.0.2?)
Yes, some header would have to be added.