Yep 2x LG 5K camera's work fine on each display, but switching back to the MBP one in FaceTime proved impossible without unplug replug one or both external displays.
I tried that audio thing too, but the lack of any level control (menubar OR sys prefs) made it untenable for me generally. How are you supposed to control volume when there isn't any?! (apart from inside the app you're using which is fiddly.)
I turned "Drift Control" on for both external LG's too, but doesn't seem to make much difference.