nafroe said:

I was perusing the threads and could not find an answer... so I apologize if it was an hiding in plain sight... I have what is perhaps a silly question about the video for these releases... Was the the color timing adjusted for both films in an attempt to more closely resemble those color seen back in their original releases? Am I understanding that correctly?

Yes. I believe among other things The Terminator has had it's Green tint removed and it's presented with it's Original Audio.

T2 is the Theatrical Cut created from the best sources, (that being the Japanese Blu) and contains the original CDS mix (That won the oscar!)

More information and history on the project available in team blu's project thread here.

i can not comment on the release in general as ive not had time to grab it yet.