Another way to think of it is as strategic JPEGification. Which I'm sure you are horrified by, but I'm just trying to hit something you understand here -- JPEGification, especially at high compression levels, generates a lot of noise in high contrast areas, and hue distortion. It's not as close a match as simply sharpening the hue channels, but perhaps you can relate to it easier?
Anyway, I took a likely looking image from PJ
over here, and applied various sharpening filters on the Hue or a+b channels (these are roughly equivalent). This is easy to do with GMIC, don't know another tool that lets you do that easily.
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This includes the original for comparison.
Various degrees of resemblance to your color choice are apparent. It is most accurate, IMO, on the rocks. The rocks retain their overall color identity but, when zoomed in, the hues near edges are exaggerated in a way that increases contrast. In one frame the mammoth in the background gets a green highlight on its tusk, which struck me also as a choice you would make.
The overall effect is IMO better than just a standard sharpening (much more common, pretty much everyone does -that- AFAICS). It might be especially helpful for partially colorblind people.
A simple explanation of Sharpening might be: it looks at the values in an area, and moves the resulting pixels 'apart' visually in proportion to how different they are. It increases local contrast, as compared to using, say, Contrast/Brightness tool.
Contrast/Brightness affects global contrast/brightness because all pixels of a given color are output as the same color -- the pixels around them do not affect the result. Neither of them need to be applied on any particular kind of channels, they are completely channel agnostic. Applying them on the three channels R,G,B is just the most commonly useful choice.
(I don't know what I definitely need to explain here, so don't be offended if I explain something you already know. I'm not really sure who knows what, though I'm getting the impression that a technical understanding of filters an artist might commonly use is relatively rare.)
EDIT2: I guess another point worth making is that this effect that you do with colors works better than it might otherwise because you tend to choose more faded/greyed colors as base colors to start with.. Kind of like squeezing most of the color to the edges like water in a sponge.