Hal 9000 said:
The two core ideas behind LOE have been having Padmé go to live on Alderaan and to shift the nightmare to after the other factors for Anakin’s turn have been laid in. An alternate version that forsakes these isn’t LOE anymore, but might be worth doing and publishing for those who would want it. It would have my other sensibilities about the rest of the movie, just not driven by those two ideas.
I would welcome a conservative take on EpIII with your changes, like what you did with EpI&II v6. I agree that adding back too much of what you removed would counter balance what you achieved with LoE (which is in fact a “restructured” cut, à la TFA:Restructured). It really depends on how much work it would be for you to put together two cuts.
I however still think that the balcony scene is important to emphasize Anakin and Padmé hapiness before the storm of events strike them. I can’t really picture how anti climatic it would be to keep it in the order you mentioned. Maybe you could move it elsewhere in the movie, after Anakin got appointed by Palpatine and before the 2000 petition.