Conversion to Grayscale (2011)
entropymine.com
entropymine.com
If you for example look at the full color spectrum to the lower right the first conversion makes more sense then the last. (at least in my opinion)
The HSV color spectrum in the oklab article shows very clearly how the OKLAB lightness is a much better metric for whether a color is bright or not than HSV-value.
This article by comparison is very grayscale-focussed and concise, but gives less information on the physics behind it.
The only real difference is what gamma function to use, but the one used here (or even just square/squareroot) should give results that are nigh impossible to tell apart from sRGB.