Critique: on real film you'll never ever see film grain in the highlights, especially in white highlights that are already completely "blown out" (like with the white swans). Dark grains on bright footage never happens with film, and so that's an immediate giveaway that something fake has happened to the footage. Film grain usually appears when you pump the exposure of the film with chemicals in post. Grains appear only in (what was first) shadow --> now pumped up to mids.
Hey. I appreciate your critique and thanks for sharing your knowledge. Guess I just wanted to get bit of that vintage feel. Trying to emulate film using modern mirrorless cameras is quite a difficult task and honestly I wouldn't have sufficient knowledge to do it properly, that's why I'm planning to get myself Krasnogorsk3 camera and start shooting on actual film.
I just shot a film on Super 16mm, and the area with the highest visible grain is the upper midtones, especially when an area is tonally flat (faces have a lot of variation so we notice less grain). Grain is less perceptible in both the shadows and the highlights on real film, and areas with a lot of local contrasty detail. most film grain emulation (davinci resolve, filmconvert, dehancer, etc.) take this into account. I see nothing wrong with this film emulation in the grain besides that it is a little too fine and not contrasty enough for my taste. To get the feel of film, you're missing halation effects, some bloom, the color is not as vibrant as film, and you didn't protect your highlights very well with the swans, so there is a lack of contrast / detail in the highlights.