Eric, Thank you for such an informative answer! This is the kind of thing that is actually, and unfortunately, incredibly rare in Adobe documentation. Specifically referring to using the RGB Curves of Lumetri in conjunction with the per-channel view just introduced in the monitor. I haven't had time to try that, and I'll be on the road until sometime late Monday. That would give perhaps the ability to visually see a change, though I'm mentally struggling to understand how to calculate what's needed. As to the noising effects ... I've got the full Red Giant suite, and yes, can add noise there. But I could quickly add noise with the HLS version for instance, fairly comparable to the RG option, and quite quickly. The basic noise effect in Premiere doesn't allow much in the way of truly useful options. So essentially, for noise, your response indicates that third-party plugins are really the only major option at this point and moving forward. That saddens me some, but ah well, right? I will be interested in what Alexis brings out first in color changes of course. THAT ... could be intriguing.
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