This is a very nice update! I don't think "Streamlined" is the best name though, as I'd consider that one more proper "Strip" Poker, and the original game a more of like, "Casino"-style Strip Poker? Just my two cents.
That being said, with the "Streamlined" version, I do think the game is showing a bit of lacking in other content. For an example, I'd say look at Strip Poker Night at the Inventory - it basically is just the Streamlined version, but due to a wide variety of dialogue between the opponents and the (silent) player, it adds a lot of replayability and makes it interesting to win or lose.
Though that game also has a "forfeit" only after losing once naked, which could perhaps extend the Streamlined version.