Many thanks for your elaborate reply, Cvolton.
I indeed had missed the recent, very fortunate update with the JPEG quality setting. Exactly what was essentially missing, great! Luckily, the edge enhancement and noise reduction settings can still be applied afterwards with Zeroprobe's mod so one has the best of two worlds for now at least as a purist who rather has it noisy than smeared.
If I'm not overlooking something here, it's in fact just a few bytes changed in libexynoscamera.so for those two settings, however I don't know how Zeroprobe's app is effectively able to write the file (ES File Explorer returns the message that the file would be in use despite root access and R/W mount).
As for the reproducable reboot, it happens whenever I use the combination of UHD resolution, 48 fps and the MPEG-4 Visual codec. Other frame rates or codecs seem to be fine (except for the dropped frames of course).
In terms of potential performance issues with my phone, I ran Antutu and the result while not being terrible (feel free to disagree), is rather average at 182731 points, with Geekbench while the single core result is allegedly above average at 2015, it is suspiciously low at 5640. I guess I'll reflash Pie and run it again under a "fresh" system and check it further. Have you been able to figure out the hardware issue you were referring to in detail? Since I can hardly imagine a significant performance spread calculation speed wise of CPUs and graphic processors, I can only assume a problem with the heat distribution causing lower clock speeds. Not that this would be frustrating any less but the current Note 8 I have at least doesn't have the severe black crush at low brightness due to a weird gamma setting one can't easily change of course. Samsung's quality control, if at all existing, is simply a nightmare.