Video formats? MP4 vs Mov - 24 vs 48 or 30 or 60?

New to drones and plan to use my P4P mostly for stills but will also shoot video periodically.

I dove into the Video settings last night and got a bit confused. Searched here and saw discussions of the Color and Sharpening settings but not the basics so here goes:

1. MP4 or MOV? Does it matter which format I choose? Im on a Mac
2. Do you have a preferred frame rate? I'm leaning towards the 24/48 mix and use the latter for smoother pans
4. 4k - I see two size options: 4096x2160 or 3840 x 2160...Not sure why there are the two options...
5. h265 - Tried recording in this and could not open the file in DaVinci, Lightroom, or VLC. Sounds like it needs to be converted first. Just confirming. Since 265 doesn't seem to allow 48 or 60 fps, I'm leaning against using it as long as we also have the second step of converting the video before use.

Also, any good intros to using DaVinci for color grading would be much appreciated.

Thanks!

E
Forgot. Aspect ratio for youtube is 16:9. You set that in the camera controls.
 

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