It's not Avid's fault. Like I said, in the previous version of Premiere, with Quicktime and Avid Codecs LE installed, there was an additional window with variety of presets to choose from, all range of bitrate settings, a YUV/RGB switch, an alpha channel switch, and compression switch.
Now all that's gone and there's confusing new names of presets, no switches or anything.
I can see that the alpha switch and compression switch are integrated into export window itself, but the bitrate setting is locked, and the alpha switch is served with some new, confusing information.
I don't get why would Adobe drop the old presets and replace them with new ones. Why not keep both?
After contacting Adobe staff member I got information that the presets available are YUV, are meant for broadcast, and should work, so I uploaded an episode with one of the presets to the TV station.
They're gonna run a full Vidcheck test on it.
Pretty sure Adobe staff is as curious of the results as I am...
This would be the 18th episode I export from Premiere Pro for this particular show. Previous 17 episodes worked just fine with the old QT DNxHD way.
The previous version of PrPro was built on the Avid codecs as they were named at that time. Go to the Avid site ... that's all completely changed. And Avid has no comparative info I can find in over an hour of scrubbing & searching their site for the exact equivalents in the new nomenclature.
Avid does NOT show or deliver their codecs like that now. There's nothing on the new listing of codecs list like say, the 220 ... or anything even remotely similar ... anymore. They're all listed on their material exactly as they are now in PrPro. That section of the Avid site that I 'quoted' above is the totality of info about the new codecs.
PrPro merely mirrors the Avid methodology of listing their codecs ... the current Avid methodology. Which, in my view, sucketh ... here's the best "key" to what the labels now mean I can find, and note the 444, HQX, HQ, SQ, and LB monikers are the key:

And this is the way they are now installed on our PC's ... note the naming?

There is no '220' or other such set of options. Avid has changed the way the codecs are downloaded/installed ... period. We're supposed to somehow know whether we need the HQ, HQX, LB, whatever ... and what that means.
Neil