Since I experienced a quick reaction and an actual fix deployed via these forums, I'll try one more.
I am observing that Lightroom panning is limited to a fixed framerate (potentially 60hz?), thus not utilizing high refresh rate monitors, in my case 120hz. This also causes significant issues when using G-Sync/FreeSync/VRR, causing stutters, cursor stutters, flickering, etc. This is due to the monitor trying to match the lower panning framerate that Lightroom has and constantly bouncing back to 120hz in my case.
I believe this works correctly and full 120hz is utilized in Lightroom Classic, but not in Lightroom CC. I'd appreciate a comment whether this can easily be fixed. I suspect someone has been hardcoding things 🙂