And turning off all the background processing defeats the purpose of a smart TV, and having a game console reduces the worth of the applications. Using a TV that has a good processor in it (like a Sony) would allow you to have your cake and eat it, too. As far as I can see, the only reason people buy LG TVs is because of how frequently they go on sale when compared to Samsung and Sony.

30 minutes from me, and a full hour from our TV technicians and their calibration tools. It still looks bad enough that bargain Hunters come in wanting to buy the 65" on sale for $900, but looks it and leave empty handed. It's hot garbage, and we've but stuck with a stock of around 20 of them since they came out.

If you include indies then yes but most triple A are 900p or dynamic resolution ( a bit over 900p).

You mean the Playstation 4 Matrix right?

I disagree. Sometimes turning off some of the processing gives you a better experience.
For instance... I can't stand this "Motion" tech that TV's push, where they create/duplicate/blur frames together to give you the impression of faster and smoother motion, turning it off can reduce input lag too. It's not a "smart" feature, it annoys me.

And I agree, getting a TV with a good processor (like a Sony) is not a bad thing.

I bought the LG because it offered the best price/performance at the time for my budget, the other altenative was a Sammy with questionable components.

I actually have professional tools from when I was building workstations and needed to calibrate professional 4k and 1440P/1600P monitors 10-15 years ago. - I also tend to go into the TV's hidden secret service menu and do things manually, not sure if your TV tech's go to that extent though.

I rarely see a properly calibrated panel these days anyway, people seem to like oversaturated colours and unnatural brightness it seems.

It does. You have various degrees of quality when it comes to upscaling content.

I disagree. Sometimes turning off some of the processing gives you a better experience.
For instance... I can't stand this "Motion" tech that TV's push, where they create/duplicate/blur frames together to give you the impression of faster and smoother motion, turning it off can reduce input lag too. It's not a "smart" feature, it annoys me.

And I agree, getting a TV with a good processor (like a Sony) is not a bad thing.

I bought the LG because it offered the best price/performance at the time for my budget, the other altenative was a Sammy with questionable components.

I actually have professional tools from when I was building workstations and needed to calibrate professional 4k and 1440P/1600P monitors 10-15 years ago. - I also tend to go into the TV's hidden secret service menu and do things manually, not sure if your TV tech's go to that extent though.

I rarely see a properly calibrated panel these days anyway, people seem to like oversaturated colours and unnatural brightness it seems.

They did in a way. This is old news, so it's not really surprising unless you weren't paying attention to the original announcement.
It was a given that games would be upscaled to 4k when the console was going to have 4k blu-ray support and a scaler to suit, I'm surprised anyone even needed clarification.

Correct.
It still won't look as good as a native 1080P image that is upscaled to 4k though, which most TV's will do on the Playstation 4's behalf anyway, the only caveat with that approach is that it can introduce increased display latency depending on Display of course.

It is likely using a Polaris 11 derived GPU which has an improved video decoding and scaling block and support for HDR.

If you include indies then yes but most triple A are 900p or dynamic resolution ( a bit over 900p).