With the ChunkChunks integration, it'd be useful to have the toggle to whatever was previously active. In my case, I always use the "Show In Alt Mode" as the setting for the grids. However, when I'm not needing them for awhile (and when in space where they are rather annoying messed up) I like to disable them. However, if I do using the shortcut toggle, it will then reset them to Always show when they are toggled back on. Since it takes several seconds for them to render the first time, its always a surprise when the game essentially freezes for 5 or 6 seconds, and worse, I can no longer quickly toggle them with alt mode. Fixing requires going into Mod Settings to reset.

PS: It may be generic grid mod integration, not specific to ChunkyChunks. I don't use the others anymore, even though the toggle works with them as well.