The episode itself was well-done, and good call on making Argyus the mole as you had suggested earlier. Shame to see Lair go, since it’s the only time Grievous gets any backstory or the chance to kill a Jedi in this series, but at least there will always be the complete cut or the original episode to check out.
Sorry to disappoint. There’s some good meat in there (the Jedi killing and a bit more flavour to Grievous as you say). But looking at the series as a whole, spending a whole episode on it this early in the series would lose us a lot of momentum and spend more time on weaker scenes than I think is sensible. And treating it as a capper to Cloak just doesn’t seem to work as nothing brings us full circle, and it doesn’t reduce well.
I’ll share my rough cut in a bit to see what you think.
Tell you what though, I will be sure to include it (in full) with my Complete Cut, as episode S01E03-B. And I’ll tweak the start to make it flow correctly from the new ending of Cloak.