I saw The Hobbit in both versions and the 48 FPS version did suffer from the effect I am talking about. It does look like high quality video shot with a 8mm camera. The other side of the coin is that the only moviw which has been shot at 48 fps is The Hobbit and the effect shows up on my son's new Samsung on every movie. I think it has to do with the type of lighting, the framerate and the refresh rate all combined.
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Music system
Model 990/7500/Magnepan 1.6 QRs/Technics SL1200 MK2/Aperion S-12 Subwoofer/OWA3/Sony NS75H DVD
APC H15 Power Conditioner

TV System
Large Advent Loudspeakers/ Polk center/Monoprice surrounds/Panasonic Viera 42 inch/Onkyo HT-RC260/Sony BDP S590/Directv


Home Theater System
Onkyo PR-SC886/Outlaw 7125 Klipsch RF-82 L/R,RC-62 center, RB-35 SR/SL, BENQ HT1075, Outlaw LFM1-EX/OPPO BDP-83/Directv
Harmony ONE
Blue Jeans and Monoprice interconnects
APC H15 Power Conditioner