(remaining sword replaced with a Green 20)
2) All shields are placed, but capped at Fighter's Shield.
Remaining shields are replaced with 5 rupees.
3) Armor capped at blue mail, both are placed
(second mail overflows to 5 rupees)
4) All four bottles placed, caps at 2
(remaining bottles replaced with 5 rupees)
Remaining two bottles are always empty
5) Bow is non-progressive
(Bow and the Silver Arrows Upgrade are separate)
6) Half Magic replaced with small magic decanter
7) 2 boss hearts placed and 32 heart pieces placed,
leaving a max of 14 hearts if all are collected.
These are essentially the SGL 2021 settings, but with the world state changed to Open from Standard, which also naturally results in swords being randomized.