It's obvious I'm firmly in the minority on this one, but I don't find anything inherently objectionable in the new color timing (BIG assumption that the YouTube video colors are accurate to the source). I dislike "tealification" when it results in ridiculous artifacts like orange faces, and I'm not a fan of heavy handed
revisionist color timing for catalog titles. But it seems to me that in most of the comparisons here, at least, the new timing reflect a more realistic look befitting the movie. I did see The Terminator during its initial run in theaters, but of course I couldn't possibly tell you what's closer to theatrical based on that. Methinks perhaps you guys are mistaking previous DVD/LaserDisc/Blu-ray editions sourced from NTSC-era masters as the gospel for color accuracy, when NTSC=Never The Same Color Twice. How soon we forget the bad ol' days of virtually non-adjustable 27" tube TVs. Who knows what was done to those masters to make them look better on the equipment of the day?
Some specific examples I noticed:
Compare any of these campfire pictures: http://image.qrobe.it/images/?q=campfire
And if you're of northern European stock, just hold your hand up to the monitor and you'll see which of these version has better flesh tones (or compare with some pictures of white dudes: http://image.qrobe.it/images/?q=white+dudes
Now the potential black crush is a concern to me, but at the very least I'm keeping an open mind about this version until I see some true Blu-ray screen shots, or better yet see it in motion as part of a U.S. T1/T2 special Cameron remastered edition combo pack.
Let the "flames" continue as you wish.