Yeah, this is meant to specifically approximate the look of a 35mm print. More precisely what I believe a print of Terminator looked like based on the evidence I’m aware of. That’s why it has that contrasty, semi-washed out look, with more muted colors than most home video releases have. Your regrades are usually based more around making the Blu-ray more neutral and natural by fixing the odd color biases present on many modern releases, and I just prefer the high contrast 35mm look with a purist approach to color.
I’m interested in what your V2 will turn out like, since I used to watch your first version before starting my own project.