It looks like they're using a non DNRed transfer like the spanish blu-ray this time, with the ratio correct like on the spanish blu-ray and not vertically stretched. Not sure why they decided to make the fleshtones even more red and sunburnt than the skynet edition though.
Looking at the other releases of T2 on caps-a-holic, the fleshtones appear to all be the same as the skynet edition, so this new release stands out in that regard and not in a good way IMHO.