This is actually a blatant misinformation attempt from Sound United. The hardware bug in the Panasonic HDMI 2.1 chips cannot and will not be fixed. There is no work around. The bug appears only with 4k + 120HZ + HDR enabled + no sub sampling (4:4:4 mode). HDR without subsampling is the main issue here. With this combination even pass through doesn't work, and never will with this generation of receivers.
This is because they are limited to 32GBit bandwidth, instead of the full 40/48GBit in the HDMI 2.1 spec. Playstation 5 uses sub sampling with reduced image quality, so 4k + 120Hz + HDR will work. XBOX and Nvidia try to connect using full 40/48 GBit bandwidth and maximum image quality, and since the receivers don't support it you get a blank screen.
This is not entirely accurate and there is no evidence of "blatant misinformation".
Both Phil Jones from SU, public reviewers and number of users reported that 40 Gbps link GPU-AVR works. Jones showed that 4K120 10 bit RGB passes through (link to video below). His demo did not show 444 setting passing through, as it was focused on showing that 40 Gbps link works. HDMI spec suggests that RGB/444 should use the same bandwidth, but whether Denon's EDID suports 444 with this resolution and frame rate, it remains to be revealed. If any member has screen-shots of 444 setting not working with 40 Gbps signal, please let us know, so that we could update our knowledge.
Phil Jones showing GPU-AVR 4K120 10 bit
However, just after SU's update ~2 weeks ago, there are other issues to be clarified, such as widely reported instability of 40 Gbps connection with moving images and graphic simulations, VRR function not working properly and absent on Denon's info menu screen-shots in the demo, etc. So, yes, a lot of "fun" ahead in 2021. I will post another text showing the summary of what currently works and what does not work.