Would Hood's planned reconstruction move her toward the battle or cruiser end of the spectrum?
Short answerIt would strengthen her while keeping her broadly at the cruiser end, because the Royal Navy still needed her global battlecruiser role.
NotesA rebuilt Hood would probably remain toward the cruiser end, much as Renown did after reconstruction. Improved machinery, protection, and systems could give her a better chance in combat without replacing her offensive, globally mobile mission. Britain still lacked enough large cruisers to absorb that work, so strengthening its existing battlecruisers remained useful. A refit could move Hood along the spectrum without automatically turning her into a fast battleship.