Interesting points but I think he misses a few key characteristics from using film stock as a media.
First of all, the stocks: There are and were many different stocks, here he matches the colors with whatever stock he bought. The lastest Kodak Stocks Vision2 and especially Vision3 works a bit like shooting RAW, after digitally scanning it you can pretty much do anything.
Then the Flicker, I mean, he used a Krasnogorsk-3 which is a 30-40 yeah old camera .. it works but it's far from the Aaton A-Minima used in City of God or (coincidentally) in Moonrise Kingdom.
Last but not least: Lenses. Of course the Krasnogorsk-3 zoom lens vignettes and has 0 sharpness. In Moonrise Kingdom, for example, they used Zeiss Superspeeds that are a bit soft wide open but sharp when stopped down, one can mimmick the look using Contax Zeiss lenses which give a similar vibe.
In sum, I'm just pointing out that there's a lot more complexity to film then people usually assume.