I just realized that my comment could be taken the wrong way. I meant to say I really like it and I'll bet it looks really nice in hand! The part along the horizon is evocative and excellent.
I keep coming back to this - so many textures (including the grain) to look at! I really like it. It almost has a lith-look to it. I've just started using the Moersch sepia developer myself, hopefully I can get results that look as great as this.