The Pioneer BDP-LX71 is a nice piece of kit. I had a BDP-LX70A for a while. Slow, but very well built, and very nice picture and sound. I used 7.1 analogue outputs and component video back then with my first projector.
So, yes when you tell the player to output 4:4:4, it's doing it's own colour resolution (chroma) upsampling - because on the disc it's 4:2:0 (not 4:2:2). If you output anything less than 4:4:4, then the display device will do the upsampling back to 4:4:4 - but it's all an approximation, because you can't create something that wasn't there to begin with. The worse of all worlds is to do the upsampling twice 4:2:2 from the player, then up to 4:4:4 in the display.
My Pioneer BDP-LX55 can do YCbCr, YCbCr 4:2:2, RGB and Enhanced RGB. I have it set to YCbCr which is 4:2:0 using video levels.
Trust your eyes. Set your player to YCbCr 4:2:0 then watch some content. Then try it set to 4:4:4. Try to use something that has lots of shades of the same colour (the sky). I'll say with a high degree of certainity that you won't see any difference.
I calibrate using my Blu-ray player as reference source, but I also have Sky+ HD, and Freeview HD, so I want these to look the best they can as well. That's why I like to get everything to comply with BT. 709 and use YCbCr 4:2:0 video levels thoughout. You need to be careful with the 'look' of some entertainment programmes (Striclty Comes Dancing comes to mine) - a lot of programmes are going for a 'blown out' over saturated, high constrast look for artistic reasons. It should go without saying that you shouldn't make any picture adjustments using this sort of material, always use your reference disc, to set brightness, contrast and colour levels.
Yes, it's BDs that are actually encoded at 23.976 frames per second that cause the problem with Faroudja DCDi. The few that are exactly 24 are fine. The problem is seen as a very pronouced stutter (almost a pause), not jitter. Poor de-interlacing with 3:2 (some call it 2:3) pull down tends to cause jitter and tearing (a problem in parts of the world that use 60 fields per second), but if you are watching 1080/24p then you shouldn't be seeing any jitter.
TV 'enhanced' settings such as frame-interpolation / video smoothing attempt to compensate for *slow* frame rates, by creating new frames - these might eliminate jitter (depends what you meam), but unwanted motion artifacts are always created because again, you can't accurately create information that isn't there in the first place!
Regards,
James.