Wow, that's impressive! I think I did not achieve it in P4P... so must definitely change my approach. Especially surprised that you say +1,0,0 is better than -2,-2,-2 and processing after in software. If I could ask a few more details - looks like you have all the answers I need and was searching for!I would always do the down-convert as the very last step which means, edit in the highest and best quality, then export/down-convert. To enhance the ability to edit, I first do all the grading on the original footage in Davinci Resolve (14 - latest version) and export the graded "raw" footage to "MFX OP1A formatted "DNxHR 444 10 bit" or "DNxHR HQX 10 bit", both formats that edit well and are high quality. I use that material for actual editing in Premiere PRO and then final export using the Adobe Media Converter driven by PPro. I usually produce a high quality H265 (100mb - 10bit color and a Key Frame distance of 8) for my own consumption viewed on an LG 4K OLED TV. Using the interim format conversion and a reduced Key Frame distance to 8 almost completely eliminates the annoying "B-frame pulsing" produced by the lazy DJI compression engine. Note that in addition, I actually record using (Landscape) +1 sharpness and 0-0 for the rest in DCinelike at 24fps. The completed results are stunningly improved because the increased detail acts like a "kick-in-the-but" to the "lazy" DJI encoder and recording at 24fps allows it to squeeze all/most of that extra information into the compressed format. If it is too sharp in post production, reducing the sharpness a little in PPro works much better then trying to recover sharpness on washed out smudgy recordings.
Attached is a frame-grab from P3P video (UHD/24fps - Landscape mode DCinelike processed as described above).
1. In P4P D-Log only records in ISO 500 - I understand you recommend ISO 100 D-Cinelike anyway.
2. I understand you suggest doing 4K project with 4K footage, and at the last step export as 1080p (if that's what we need). Doing 1080p project with 4K footage will mean some loss?
3. After you export from DaVinci to Premiere, do you still apply some further color grading in Premiere or that's the part you don't touch anymore there?
4. I use FCPX but I hope it's good enough to make above mentioned steps. Only worried about key frame distance - looks like never heard of that setting

Thanks for all the input! I think it makes it a really great thread about footage quality!
Best from Poland,
Marcin