I've already completed three full projects with Luminar Neo, and I can honestly say that for the first time in many years, I felt like I wasn't wasting hours on basic operations. I especially want to highlight Smart Presets, which adapt to the type of scene. They don't just apply a template, but actually analyze the composition and lighting. For example, the same preset on a portrait and a landscape gives completely different and appropriate results both times.
The new version allows you to flexibly work with LUT files and custom styles. I import a LUT, and then I can manually tweak it through the color correction module (HSL, Color Harmony, Supercontrast). Tone processing after that is at the level of Capture One, but much faster.
I was also pleased that Neo now works better with the catalog: tags, ratings, filters, and search have become more responsive. I compared: keyword search works 2-3 times faster than in the previous version. This became especially important when loading projects with hundreds of folders.
Integration with noise reduction (Noiseless) in low-light mode is another must-have. I tested shots with ISO 3200 and higher - the result is better than in Lightroom. Moreover, the detail is preserved, and there are fewer artifacts.