Removing real film grain from content and then recreating it parametrically on the other side is not the same thing as directly encoding it. You are killing a lot of information. It is really hard to quantify exactly how we perceive this sort of information so it's easy to evade the consequences of screwing with it. Selling the Netflix board on an extra X megabits/s per streamer to keep genuine film grain that only 1% of the customers will notice is a non-starter.
In the case of fake grain that's added to modern footage, I'm calling out the absurdity of adding it, analyzing it, removing it, and putting yet another approximation of it back in.