For your sanity, it might be wise to rearrange the framerate list in MPC-HC so that they're listed in acending or decending order (like 24fps, 25fps... or alternatively 60fps, 50fps...etc).
Also you technically don't need a setting for 24fps or even 48fps because your Default/Other refreshrate is already set to 144Hz...and you can delete any of the preset greyed-out settings that you don't plan on using (you can just create a new setting via the "Add" button if you really need it).
Teiji wrote:1) 23.976 doesn't change to 24 when I play it (in MPC fullscreen) and SVP reports it's playing at 71.91fps.
2) 29.97 doesn't change to 30 when I play it (in MPC fullscreen) and SVP reports it's playing at 119.88fps.
You misunderstand the "from" and "to" terminology in MPC-HC; you are not changing the video framerate but rather are just specifying a minimum (from) and maximum (to) framerate range for a specific resolution.
If you want to turn a 23.976fps video into 24.000fps, you need to use "ReClock" (I myself do not use it, so I cannot help you). However, since you're not using Intel graphics (which can't make fractional custom refresh rates), it'd be better and possibly easier to just make a custom resolution with a refreshrate of 119.88Hz or similar if you want things to be exact exact.
Teiji wrote:Videos also lag too (not smooth at all) even though CPU usage is only ~30%.
Yeah, this is a known issue in SVP...
Luckily the fix is simple - manually increase the amount of threads in SVP (Application settings -> Additional options -> Processing threads) until it is as smooth as possible (SVP's performance graph is quite useful for determining this).
Just take note that setting more threads will increase the CPU utilization even when you're already getting a perfectly smooth result, so don't just mindlessly set the amount of threads to the maximum amount - you want it to be the smallest amount possible while still providing a perfectly smooth result at full speed.
Teiji wrote:3) MPC-HC didn't change the 60fps video display mode to 120Hz (like I set in the pic above).
Try using a slightly wider range like 59.00fps to 61.000fps; or go big with something like 55.001fps to 64.999fps.