Just use the 3M vinyl for the HIP reflective, as long as you use the right stuff you will be fine.
Do you mean EC film? Those are only available in the same colors that the sheeting itself is available in so if he's trying to hit a different color(that's not available in film or sheeting) then this wouldn't work.
I was thinking about the spec issue. You're not going to meet specs with a wide format solvent print/ink unless your state is drastically different than mine.
First I have seen of the Durst machine, going to have to look into some samples.
I've been checking out for a few months. There's one in Canada but as far as I can tell, they are mostly just in Europe so far.
http://www.flickr.com/photos/ronsombilongallery/5509720799/
http://www.sherineindustries.com/web/