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The best strategy is to capture in V-Log L and render to the "whims of the day".
Right, but what if HDR10 or Dolby Vision or yet some other new format takes off?...But the whole idea of HLG is to have footage that is pretty much ready to go with little to no color or contrast changes in post, so it's a fast turn around format.

Right, but what if HDR10 or Dolby Vision or yet some other new format takes off? If you record V-Log L you can convert to any of those at any time.
Pretty sure HLG was designed to be a consumer format so one could shoot HDR of their kids soccer game on the GH5 and hook the camera up to their fancy new 4k TV and watch it in HDR with no extra effort involved at all. It is a baked in profile to use as is out of the box.
I'm not entirely sure if/when clients would ask specifically for HLG. Seems like wishful thinking right now considering how little clients actually know about video in general.
Pretty sure HLG was designed to be a consumer format so one could shoot HDR of their kids soccer game on the GH5 and hook the camera up to their fancy new 4k TV and watch it in HDR with no extra effort involved at all. It is a baked in profile to use as is out of the box.
The BBC touts HLG's backwards compatibility, but the only TVs it's backwards compatible with are BT.2020 SDR displays. There aren't so many of those, and no consumer-friendly delivery mechanism exists for BT.2020. So HLG's backwards compatibility with BT.2020 is almost entirely irrelevant. For all practical purposes, HLG is a brand new format that needs conversion for common SDR displays.HLG solves all these problems being metadata-free, broadcast friendly, easy to grade, adjustable on any tv and backward compatible.