The more I use this monitor, the more noticeable it is that the green channel in particular is way overblown. It kinda gives a sickly hue to everything.
I was able to (mostly) fix it with some tweaking, but I had to move a lot of levers, so to speak, to get there.
On gamer profile 1 (the only one that is fully adjustable), I use 20 brightness, 60 contrast, 50 sharpness, Gamma mode 4, Color temp: Custom (with RGB set to 50 across the board), and DFC off. I also installed the ICC profile supplied by LG. Then I went into the windows calibration tool to make further adjustments to each individual color channel and subtracted green until there was a slight red push on the grey colors. (You could probably accomplish the same effect by reducing the G channel in the monitor OSD, which would help correct sources that don't expose fine color control to you like PCs do.)
The intensity of red and blue sharply drops off at higher levels of saturation, while green sharply rises. This is
confirmed by hardware.info's review. The average gamma curve sounds good on paper (it's a fairly decent adherence to a 2.2 curve,
on average), but due to the very sharp changes at the higher ends in particular, colors can look very, very wrong - most notably, anything involving the green subpixel. The fixes I've applied are imperfect - less saturated colors have a stronger red or blue push, but I find this less noticeable than brighter colors having a green push. The net effect of the changes I've made is to take the sharp deviation from a proper gamma curve, and average it out over 0-100% intensity rather than letting it all sit at 90-100%. A colorimeter could probably fix this more cleanly, possibly by reducing overall color saturation (so the problematic elements of the curve don't come into play), reducing contrast ratio, introducing dithering, or some combination of those.
It may have been a placebo, but I also wanna say the color response felt a little bit better when sticking with the default resolution options, without modifying the vertical totals. I think some additional crosstalk is a sacrifice I'm willing to make if it means the monitor will look better for regular use with freesync.