Well, when regraded to the 16mm, the sky still has a shade of cyan, and C-3PO retains a golden brass shade. All that plus the dark shadows, contrast, etc. feel more like film than the regrading attempt on the previous page, missa think.
That’s because the first regrade is not supposed to be film like, but more akin to a home video transfer with lower contrast. The last regrade is actually a direct match to a frame of film, hence it’s film like appearance. 😉
It’s also interesting to note, that the theatrical color timing in the days before digital color grading, weren’t exactly consistently balanced like we are used to these days, which in some ways adds to the unique character of the film experience.