Is V-log just for using LUTS?
Yes, unless you enjoy starting from scratch with a dingy gray image.
Is V-log flatter than using pedestal/curves/cine-d ect?
Not really, but it's more precisely calibrated.
Is 8-bit enough for v-log?
Not quite, but if you expose carefully, no one will notice.
V-log can't increase DR right?
It increases dynamic range at the expense of tonal range. YMMV
Thanks Lpowell, I read similar things from Alister Chapman's blog.