That looks like madness for navigating through. Meanwhile has lost all clarity as to what is being edited to gain what? The Amazon box has a URL visible in it, quick check, tab past and exit. Meanwhile that google box has lost all visible details. But I think this is part of the problem - do you use the site yourself as that is a weird example? You will never have three google links like that. What examples are you working with in the spec?
How many cases are there of needing multiple types? I had mentioned Bandcamp earlier, but now I think of it there would be different releases for each type.
Sometimes I will add two Discogs links, but I would still need to see the URLs as tidied up when I am on the edit page or how will I know which one to fix? Don’t hide this detail. We are on the edit page.
Current edit and view modes:
You seem to be proposing something that will show less in edit mode than view mode. Why is your edit mode hiding the URLs? I am confused.
Why is there an x next to show notes when you can’t actually see the link to the show notes to know if it is correct. You can only know to delete it if you can read it? Simple edit box is clearer.
I still don’t get the point of the pencils. Opening an edit box for an edit box to make an edit and hit OK is illogical.
We need to enter data quickly, without extra button presses. All I see is complexity for a few edge cases where two types are used with one URL. I am sorry, but I just don’t get how this is making it easier to edit a wikidata entry (as in ticket) when everything becomes hidden behind so many buttons.
You seem to be over-complicating it for no real gain. Sorry if I am missing something.