ive done it. yes in a 24p timeline. i could post footages of a 1/60. the motion blur of a 1/60 is too much.After thinking about it for a minute, I realized that you are correct.
However, I stand by my opinion that overcranked footage should be shot with a 360º shutter. The "filmic look" is achieved through a combination of the motion judder of 24 fps playback and the motion blur of 1/48s exposure time. It should have nothing to do with "shutter angle." Thus, 1/60s 60p played at 24 fps should look more film-like than than 1/120s 60p at 24 fps. But I've never done this myself, so I can't say for certain.