Can 60p be considered 'film like'?

Well, yes and no. Yes, you're now having only 25 distinct frames to encode versus 50, but -- it doesn't really work out that way. Because this is a long-GoP codec, it encodes the changes between frames. Fewer frames means more bits could potentially be allocated per frame, which sounds good, but -- fewer frames also means that there's more change between frames, which (as far as the codec is concerned) is bad.

I haven't done a side-by-side test, but I'm betting it'll net out probably around the same, compression-wise.

It does work out the same I think, maybe a little bit less compression required for the slower shutter rate, and that has a slight benefit for the mud issue but not much.
 
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