LMTs Part 1: What are they and what can they do for me?

In Resolve 14 Beta it appears that Blackmagic has added support for the Common LUT Format (CLF) and provides an example LMT based on Kodak 2383: https://www.dropbox.com/s/qn62wg07f21jydp/LMT%20Kodak%202383%20Print%20Emulation.xml?dl=0

I will also be providing a number of example LMTs with the Part 2 post (Part 2 is done but “in review” before it gets published), including the PFE look I used here in Part 1.