OK, against my own advice I've updated my B9 to the engineering firmware using an LG service remote I ordered overnight from Amazon. I was getting terrible audio crackling and odd noise/snow whenever playing audio on the TV. And of course, no Gsync.
-Had to check for updates three times after putting the TV into Engineering mode. Only on the third time did the update appear.
-My B9 was on firmware 4.80.02, and it updated to 5.00.02, and then I promptly removed the TV from engineering mode.
-After updating, I read reports that completely removing power from the TV and PC a few times may be necessary. This did NOT work for me, I was not able to get Gsync working, still had the black screen issue.
-A post earlier in the thread said that a factory reset on the TV worked. I did the factory reset.
-After the initial startup, it seems that everything is working.
Here's where I'm at:
-4K @ 120Hz RGB Full @ 12 bit in Nvidia Settings
-HDR is on in Windows settings
-No special 3D settings like frame rate cap, and Windows' advanced display settings it is set to 120Hz not 119Hz.
-Gsync is enabled for full screen only, and the checkbox for "use selected setting for this display" or whatever is enabled.
-no audio crackling
-no odd overscan issue when enabling Pixel Shift while using PC mode
-Instant Game Response is enabled and automatically pops up
-Ultra Deep Colour is enabled on the TV, no issues having to turn off or on or what some have reported
I know Gsync is working because the active resolution is 3840x2160 and the total resolution is switching dynamically 4400xSomeResolutionGreaterThan2160 when viewing the HDMI diagnostics on the TV (Settings > Hover over Channel Tuning > 11111 > Select HDMI Mode)
Playing Destiny 2 at the moment and it's smooth as butter. Loving this.
Still recommend to wait for the official update. But now
we have confirmation that someone here on this forum with a 3080 and a B9 indeed 100% can work with Gsync @ 4K120 12-bit HDR with audio: me :)
Also, I should mention that I am using a 3 meter "8K" cable from ConnBull I ordered off Amazon for $20:
https://www.amazon.ca/gp/product/B08311F3RZ
The $60 Club3D CAC-1073 cable I ordered does not work for me, I get intermittent signal loss. Tried everything and no dice and they don't take returns. Oh well at least I can put this behind me for now.