I also ended up doing the same, as 3 and 6 were just experimental starts and I didn't test them thoroughly. I'm fine with the smooth soap opera effect as long as there's no judder. However, even 1 introduces weird motion on complex movements and the motion looks uneven (albeit smooth). So it looks processed rather than from a native 60Hz source.
I ended up off for SDR and HDR mode, and 10 de-judder, 1 de-blur for sports. Will share the complete settings in some time as I ended up with the perfect ones finally (I think).
Even my panel is exceptionally clean. The only thing I see is the corners are a bit dark with slight vignetting, but that's common on H8F and other FALD panels. About the banding, that's due to local dimming on grey. Unfortunately, the TV doesn't allow setting a separate mode for the UI so you'll have to deal with it. It will go away if you set local dimming to low.
I thought Disney + hotstar just started supporting 4k HDR and DV is not yet out. That's what I see in the news.
@sijuvrm might be lucky and part of an A/B test. So if you're not getting 4k Dolby Vision in Hotstar, don't worry. You should get DV in Netflix though.
The panel is 8-bit + FRC and even with test patterns, you won't be able to tell the difference between 8+ FRC and 10-bit because they're functionally the same. The only way to tell is through a high-speed camera. If dithering is done well 8+FRC is indistinguishable from native 10-bit.