Donux Both Color LCD, sRGB, and NULL ICC Profile (installed) all feel the same to me. However, not sure if I really like the screen of this M2 Air 13" anyway.
It's hard to tell because some things that I usually have problems with on dithered screens don't seem to be an issue here, at least with Stillcolor enabled. For example, reading words left to right feels pretty easy, animated UI doesn't distract me from something else I'm trying to look at, wallpapers don't shimmer, and the adaptive color of the menu bar doesn't feel "muddy", and it's much easier than I expected to look at the very left side of the screen.
This laptop doesn't seem to have additional TCON 10bit FRC, I think(?), because BetterDisplay color adjustments cause much more noticeable changes to banding with Stillcolor enabled compared to my mini-LED MacBook Pro.
Disabling dithering seems to actually reduce the screen's bit depth here, compared to on a mini-LED Pro where it still looks like 10bit.
But at the same time, there's definitely issues that are still apparent with me that usually wouldn't affect me on a truly working setup. Looking at vertically repeating content, like a bunch of "import" lines in code looks uneven and it's hard to "focus multiple of them at the same time", backgrounds still feel "uneven" even though they're not really shimmering, looking closely at the screen I see pure white backgrounds flicker (uniformly, so more like a PWM feel than a dithering feel?) even though I can't detect any PWM at all with a slow motion camera. Generally, the screen seems to be harder than expected to focus on and remain clear when I'm just idle and not actively reading something.
The "blotches" that appear with Stillcolor enabled is also really strange and points to some possible extra layer of TCON color calibration occuring, even if it's not related to 10bit FRC.
I will try to find a second M2 Air I can get side-by-side with this one in a few days to see if any of this could also be related to panel variation. It seems like this M2 Air is especially affected by the infamous "yellow tint" screen lottery, the screen looks really yellow even with Night Shift off and True Tone off when placed next to an Intel Mac.
I will be returning this one after I compare it to the other M2 Air. However, I'd say this is still better than some of the Intel Macs that had really aggressive temporal dithering (but on the other hand, noticeably worse than the "good" Intel Macs)
If anyone is wondering, I also tried BetterDisplay mirroring for a bit. Feels the exact same with and without mirroring.