Why would it look worse? I mean, if you're comparing gaming on a 2560x1440 gaming monitor then its possible that the latency and refresh rate might be worse on apple's but comparing screens with identical refresh rates and identical latency the 5K should display 2560x1440 images perfectly.
Everything would be perfectly pixel aligned for pixel doubling, the 5K screen is precisely 5120x2880 (2x in both dimensions, 4x total pixels)) so when displaying a 2560x1440 image it would use 4 pixels for every 1 pixel, precisely 2 pixels tall and 2 pixels wide. There is no reason it should look jaggy, the pixel borders should be perfectly aligned.
I tried to play Elite Dangerous on Win 8.1 in 1440p on iMac 5k (Radeon R9 M290X) and it looked very nice, a lot better than on 1440p screen, because text, HUD and everything gets scaled up very nicely, it looks nearly like 5k. The rest of the picture does not scale up so well and then looks quite exactly like in non-retina screen.
But of course nothing looks worse, but only partly better. Strange wise I could not select any higher resolution ingame, although in macOS version you can select everything up to native 5k, but not sure if upscaling from 1440p games looks as good as on Windows there. Played ED mainly on Win because no Horizons Expansion for macOS. Anyway soon I can play it on my PS4 Pro and hopefully soon with PSVR too.
I also wonder, if I should upgrade my iMac to the new model with Radeon Pro 580 8GB and sell the late 2014 model with R9 M290X 2 GB and 3,5 GHz i5.
Also TB3 brings better upgradibility with eGPU than TB2. I mainly wonder how big the performance improvements for GPU will be. Also I would need to by Win10, I guess.
Elite Dangerous I ran mostly in 1080p on TV in living room on ultra settings, or with PSVR using Trinus PSVR with lower settings. But hope PS4 pro will take that job over.
Anyway I also use GPU for Final Cut X, Adobe CC, Unity Development and more.
I prefer to play on console, but often the game I want is not available, like Star Citizen in the future. (Elite arrives soon on PS4).
I also wonder VERY MUCH, why we cannot have checkerboard 4K or 5k rendering on iMac, either on macOS or at least Windows. Anyone know games which support this?! I have only FullHD 1080p TV for PlayStation, but 5k for iMac, where I really would like to see checkerboard rendering.
And can anyone tell me how much faster Radeon Pro 580 will be compared to R9 M290X? It runs E

in up to 1440p quite well. Maybe then 4/5k possible with Pro 580?