Very annoyed that it was there, tried it out, brought back memories of DK2 days and then now its taken away, makes no sense. I thought maybe the best way was to get an earlier version of SteamVR Beta but its not that simple, and didn't really want to take it from an "unknown" source.
I found a way to download the most recent version that still had the black_clamp_toggle which was SteamVR Beta 1.5.6. This can be done using the Steam console which can be accessed by visiting the URL steam://nav/console. Once there you can enter in the "download_depot" command to start the download, but you need to know the AppID, DepotID and the Manifest ID. In general I followed this post https://steamcommunity.com/sharedfiles/filedetails/?id=889624474 to get an idea of how to navigate around to find the necessary info. The below method worked for me, but make sure to backup your SteamVR folder!!
Hope this helps in getting you true blacks again, even if its not available in the later releases. When a new SteamVR Beta is released it will overwrite it again however, so I keep a copy of the original depot folder and overwrite... its annoying, but not as annoying as not having the option. Now I can go back and complete Alien Isolation!