Double Invert has made iPhone 14 Pro (stock LG OLED panel) tolerable for me in the meantime for around 6 months now while I'm still trying to find a better phone. It's still a really bad screen I would never recommend to anyone, but double invert made it OK-ish enough where it's actually a bit more usable for me than some modern IPS devices I can't use at all:
(such as SE 2020, Nord N30, OPPO A98 -- all of these give me LOTS of problems. BTW, SE 2020 wasn't improved at all with Double Invert, it was much more effective for the OLED iPhone).
Important to note that I'm still on iOS 16.4.
The caveat -- and the reason why I'm still searching for a phone -- is that even though it actually improved it enough where it's generally OK for "passive"/mindless use: I can coherently read an article on it if I need to, respond to a short text, take photos/videos, scroll through a social media profile, watch a video, order something online etc.) --
The issue is that the moment I try to actually do something "productive" on the device, i.e. something that requires more coordinated/complex eye movements instead of simply reading left-to-right --- such as: Taking notes, thinking about how to respond to a longer text while looking at the screen, moving something to a specific place on my calendar, sorting a bunch of photos into an album…
That's where the really strong strain still happens, even with double invert.
(whereas these "more productive" use cases are fine on my good devices.)
Double invert definitely reduces post-processing on the display though, as if I turn it off, I suddenly notice a ton of extra color fringing and shimmery rainbow-ish look to backgrounds, that are not as noticeable while using the strategy.
But of course, it's not a fix. However, it's a surprisingly OK stopgap though if you're currently stuck with an iPhone and none of the other settings worked for you, while you're still trying to search for another device.
For reference, I'm not actually sure if PWM is my main problem with the iPhone, because many PWM-free IPS phones also don't work for me, and sometimes are worse (such as the Nord N30)