Great analysis.
Yeah, for me this one is a real roller coaster, and I feel like my viewpoint of it changes almost every time I give it a re-watch. Sometimes I'm still caught up in that nostalgic glow of a franchise at the height of it's confidence, the Next Generation crew triumphantly taking on the well-deserved mantle of big screen Trek, the charm of seeing Picard and Kirk interact, and McDowell's surprisingly layered performance for a villain that is pretty simply defined in the story being told. But other times I'm taken out of it by some bad choices, some cheapness behind the scenes, and most importantly the Enterprise-D's limp final moments being taken down by what even the characters themselves call a shitty 60 year old bird-of-prey. The saucer crash is still cool, but no longer stuns me. The way that beautiful ship is torn down and replaced by the bland 1701-E for the following films (still my least favourite Enterprise), as well as the retroactive acknowledgement that The Next Generation on the big screen went down with a depressing whimper rather than the greatness promised by the franchise's all-time peak in 1994, also serves to unfortunately destroy Generations legacy. In the end, I probably veer closer to disappointment when I watch it, even though I feel like there are a lot of good things in it.