OK now that it's been a week, I can confirm that for the most part this solution is working without any major issue. Refresh rate looks great, resolution is perfect, and color looks pretty much spot on now.
The only annoyance is that the display will not fully sleep. I have a "hot corner" setup so that when I intentionally swipe my mouse cursor to the very bottom right of the display, it will force the system to sleep. This does not really work. The Mac will indeed go into sleep more, but the LG display will stay visible with the prior state in a "frozen" mode. Any video/animations will be frozen and the screen will not actually sleep. I've come back to my computer 30 minutes after departing and it was in this state.
I've checked the right boxes within Better Display to help it sleep but none of those seemed to have worked.
Overall its a good solution for now.
The only annoyance is that the display will not fully sleep. I have a "hot corner" setup so that when I intentionally swipe my mouse cursor to the very bottom right of the display, it will force the system to sleep. This does not really work. The Mac will indeed go into sleep more, but the LG display will stay visible with the prior state in a "frozen" mode. Any video/animations will be frozen and the screen will not actually sleep. I've come back to my computer 30 minutes after departing and it was in this state.
I've checked the right boxes within Better Display to help it sleep but none of those seemed to have worked.
Overall its a good solution for now.