PLEASE don't make this a "yellow comes back"/"it won't last" thread. We all know the limits of retrobright.
If you don't like foreplay go to the TL;DR at the end of the page.
Here's how I found the new formula.
The other day I saw an ad about some hair beauty products and I remembered that to stain hairs of a lighter color you actually need to bleach them first. The bleaching products already come in a cream that is nothing more than gellified Hydrogen peroxide. The strongest I could find is 40 Vol (12%) which is quite good for retrobrighting.
I looked for beauty saloon products and found 1 liter of bleaching cream for around €2 euros (!!!). Don't buy products for "home" use by Wella or BBlonde, they are insanely expensive.
My first try was a complete disaster. I put the cream directly over the yellowed plastic and wrapped it with a transparent plastic peel (the one you use in your kitchen) to prevent the cream to dry too quickly. The result was a zebra-like piece of plastic. Some areas were super white, others yellow with all the gradients in between. Bummer.
Second try a success! I took 4 parts of bleaching cream, 1 part water, 0.5 part oxy put into a spray bottle, stirred and sprayed over the plastic. Exposed to direct sun light and every approx 30 minutes I sprayed again the solution. The result was overwhelming! After just 2 hours the plastic was as clean and white as new. I couldn't really believe my eyes.
So to sum up
TL;DR
- buy 40 vol hair bleaching product. Buy beauty saloon products not products for "home" use. I can easily find them on ebay, I paid just €2 for one liter
- mix: 4 parts of bleaching product, 1 part water, 0.5 parts oxy/vanish (the gelly/liquid version is easier to mix). You really don't need much product. To bleach the mouse you see below I probably needed 100ml product total
- put everything in a spray bottle and spray over the plastic
- expose to UV light (artificial is actually better than sun!!)
- spray again every 30 minutes or before it completely dried out
- in my experience after just 2-3 hours you are good to go. YMMV
Unfortunately I don't have the before picture, but believe me: it was incredibly yellow.
Now it's like this:

IMPORTANT: it's not a miracle formula, many things could go wrong. You may very well end up ruining your precious retro junk! Don't do it if you don't understand the risk!