I wonder if having a toggle for an "advanced mode" makes sense to have. Its a concept a lot of software has, where there is a basic set of settings, easy to understand, eg. with a simple slider, but if you go to advanced mode, the slider might turn into the input box for more freeform control, as well as some additional options show up.
As far as I know, its not something MC uses, but it might make sense here to offer both an easy as well as a precise setting for some options.
I'm not sure how else to eg. turn the brightness/nits option into a user-friendly slider while also letting advanced users retain the control we've had so far.
An alternate thought would be that instead of a slider it could be a dropdown box with a final "custom" option at the bottom that then shows the input box, maybe? So we just have some pre-defined options say from 80 to 400 in some useful steps? Not sure thats not too much for a drop down though. (eg. 80, 100, 120, 150, 180, 200/3, 250, 300, 400? already 9 options, but not that much granularity, a slider could represent that much better)
PS:
The problem with the 203 nits is that its designed for mixed content basically running in HDR mode, on screens that actually deliver the 200 nits if asked. Actual SDR screens are often a bit dimmer, so a value of 120 or such makes them look more as expected. Finding a default that works for everyone is impossible though. But maybe using a bit lower default fits more people?