So, I set out to fix this one: https://bugs.kde.org/show_bug.cgi?id=355747
This isn't exactly what they're asking for, but as noted here, this formula is much more in line with the needs for floating point workflows.
The gui isn't quite the same as it is in other applications, but it is a start. In particular I am trying to figure out how to handle power sensibly.
However, considering the filter is so painfully simple, I am wondering whether the added value is the filter itself(which can be reproduced with the multiply, addition and gamma light modes on fully filled layers), or whether there's a bigger pipeline concern that I am not able to discern here.