In reference to the last paragraph, if one is going to watch HDR content on disc, lower light projectors and streaming services, i.e Netflix, Amazon and Youtube, as pointed out in a recent review, that is why the most recent rendition of 4K players from Panasonic(UB 820, 9000) with their HDR optimizer control is really a must which can compensate for much of the difference in various source HDR material.
Although from my limited experience and despite what seems to be a slightly brighter and slightly more intense color presentation, Dolby Vision sources unfortunately, negate those HDR adjustment capabilities on the player leaving only the monitor/projector as the sole source of any adjustments that can be made to the picture.