I've always been interested in a test of what produces the best 1080/30p: the basic 1080/30p recording mode, 1080/60i that's exported as 30p, or 720/60p that's uprezzed and exported as 30p
same thing with colors and grading: is there any benefit to say, shooting a very flat Cine D with master ped bumped up and chroma turned down, vs. just getting as close to the picture you want in-camera? I've seen some footage where the shadows were clearly pulled up in post and there's a very unnatural glow around the moving skater (Boys of summer has clips like this).
I think the whole 1080i vs 720p relating to the HVX/HPX is really down to taste. It's such a minor improvement in resolution that it's probably better to just stick to the 720p like everyone else. I would be interested in making an entire edit in 1080i 50i to see if anyone can notice the difference, considering all DV cameras do 50i/60i (except the XL2 and DVX with their 2:3:3:2 pull down thing.)
And regarding colour and CineLike D and shit, if you're shooting on a HPX/HVX you already have a bunch of colour information saved to the card, that's one of the benefits of shooting DVCProHD over AVCHD like the HMC. I personally prefer having as much information stored so that I can add contrast and do some light colour grading if I want to, rather than having a baked in image or working with a 8bit 4:2:0 file. For me I want the most control and the most dynamic range so I have my Master Ped turned up and I've got CineLike D on and I keep my Chroma in the middle. It has enough saturation that I can no worry about adding more to it, but it isn't blown out and distracting.
Maybe if there is a tight deadline and you know you won't have time to go in and grade it properly but even then most people put deadlines on themselves (for independent filmers that is) so I don't see why there isn't extra time to go through it all and make the image pretty.