Everybody knows about the modulo part, everyone reading this understands that you have a set number of bits, and that positive numbers wrap around to negative ones. That is not what's interesting here, and it is not the key differentiating factor to understanding two's complement, when comparing it to one's complement.
> The only binary-specific thing here is how the tie is resolved in the signed case.
This doesn't feel accurate to me. I'm not exactly sure what you mean by a "tie". But for 1's complement, you have two representations for 0. With 2's complement, you have one representation for 0. The representation for all negative numbers in 2's complement are offset by 1 from the same negative number in 1's complement. Yet both systems allow you to add together two numbers, mixing positive & negative, and get a result that is valid for the system. Why? Why are there two different ways? What happens when I overflow in each system? How does multiplying and dividing work in each system? Those are the interesting questions with complements.