Overall, no question, this is a wonderful image of one of the most iconic areas in the sky! Obtained from DSW asks for perfection though (well, at least I see it like that, maybe this is the reason why I do not dare to get images from there 😊). So please keep in mind that the standards for your image are a bit higher.
At full resolution it looks too soft, especially when zooming in to the Flame and the Horse Head. Also, the little black nebula reaching from the rim into the wonderful red background are not detailed enough. Star handling looks fairly good, maybe a tick to reddish.
One word to the arcsinh process: I did the very same but dropped it in almost all recent images. You are absolutely correct; this process burns out stars and they always look not nice. Instead, I just stretch normally and then apply a lot of saturation to a star image only and screen them back into a starless image.
This all sounds maybe harsh, but there are always ways to improve. Personally, I would consider this as a wall hanger myself 😊. From the distance it looks awesome!
