So after my latest reply, I decided to give another go to my Vertex. and btw I'm not relying on your picture at all.. I'm just saying that your comparisons with vincent's video means nothing and that you shouldn't rely on it
The firmware was a bit old so I updated it and now forcing lldv works.
I used content(p5 full range DV) that the Shield can actually play properly (not a uhd-bd rip so no red push affecting the output). On my LG C8, I don't really see any difference between the X700 p-led and the Shield p-led.
screenshot comparison: https://screenshotcomparison.com/comparison/9541