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My latest action for 300dpi AM screening prints.
http://www.mediafire.com/?wynj5yyf0wt
I simplified the process and make it easiar to track dawn what is going on. The snap shot

1) all processes are going on the 16bit/channel mode because there is noticable difference in the final result, especially on shadows.

2) highlights and shadows are selected by the color range, midtones are selected by the luminance mask. color range selestion makes filtering faster, but only works on narrow range

3) the level after USM2 clips white and black by 1points to resume contrast lost by the filterings. it needs to be adjusted due to scans.

4) the last filtering is applied on the duplicate layer, to do manual masking (there is no need to use it all time)

5) to change the strength of the final greycstoration, it can also work on monochrome and FM screening.