May i ask why you want to use v1 over v2?
The current v2 does have color accuracy issues in my experience, but the AzMods version i linked is based on a version of v2 that predates those issues. (And that is the version i still personally use, tho i have since made some additional updates and improvements to decoupled-guest-advanced-ntsc and decoupled-guest-advanced-pal, previously called ~crt-guest-advanced-ntsc-decoupled and ~crt-guest-advanced-pal-decoupled.)
AzMods also includes modifications that (seem to) make v2 work on older, non-nightly builds, if that is a concern. (Tho i would strongly encourage using a nightly build if at all possible. There have been gobs of HDR quality of life improvements, like the UI brightness setting.)
Other than that, the only substantial difference i can think of is the old tone mapping. I should be able to quickly and easily roll up a modded version of v2 with the old tone mapping if that is something you really want, but i think that the v2 tone mapping is strictly better in terms of results.