FYI, I'm 99% sure that you not being able to achieve 60hz on the 8th gen is either a bug or some kind of cable/adaptor compatibility issue.Well thankfully they arrived a day early! I set up the displays and they are absolutely stunning. I am running them at a Scaled resolution with a "looks like 2560 x 1440".
Very happy with the displays!
First I tried the 8th Gen and sure enough, I was only able to get the two displays to run at 30Hz. The desktop was very choppy just when moving windows. I pretty much stopped right there as there was no point in going on. Pretty bummed.
Next I tried the 10th Gen and they were able to display the same resolution at 60Hz. Moving windows around was very fluid. I played some 4K videos and they were very smooth. This is due to the fact that the Ice Lake chipset supports HBR3 (as I've read it has to do with greater bandwidth via USB-C). The 8th Gen only supports HBR2 so it could only connect at 30Hz.
Overall I would say as has been suggested on this forum, the 8th Gen cannot handle two 4K displays @60Hz while the 10th Gen does so very well. Just sucks that Apple forces me to upgrade to the 10th Gen with a $500 premium to do so. I get that there are other benefits, but the graphics capability is pretty fundamental to me.
While I may not be happy with the performance of my MBP 2018 13", you certainly CAN get two 4k/60Hz displays (with looks like 1080P or 1440P) working with machines based on the 8th gen.
That said, it IS sometimes rather finicky, requiring some fiddling in the display menu, to get both displays running at 4K/60Hz.
Nonetheless I'll reiterate that while it does work, performance is not consistent enough that I can recommend it if you depend on a dual monitor setup on a daily basis.