Well I finally got round to swapping round my graphics cards, so the amd R7-260 is now installed in my HTPC and the HD 6670 is in my desktop. With the HTPC I decided to go back to basics and do a complete video setup starting with the TV in "Computer" mode and RGB 4:4:4 full. In this mode The moire/shimmer and motion issues reported previously are now gone (when playing TV), the colour still does not look too good (everything including desktop) but I'm working on it (TV settings). I have noticed a somewhat out of focus effect on some longer distance shots in everything except HD and so far I have not been able to improve this with any of the edge enhancements in madvr. The addition of the R7-260 did nothing for playback of Elysium (HEVC hardware decoder enabled in LAV), still 100% cpu and jerky, so either I'm doing something wrong or even this much more recent amd card also does not support HEVC.
@Kotik earlier I think you suggested I use a version of the Catalyst CC, can you confirm that you were able to use this with your R7, I'm currently using Radeon Crimson version 15.11 with mine but this has very limited settings options available.
15.7.1 are the Catalysts i am running, i don't have any HEVC material to test, if someone is able to upload a small sample i can try it with my R7-240 and my SkyLake HD530.
Currently i am fighting with my HTPC client cause my rendering times in EVR are not stable and i hate IT and i also hate myself for opening pandora's box and unleashing hell onto my stable setup.
Ignorance is a bliss, i do believe in that one!!!!