Just in general. 3440x1440 is a fairly low resolution, ~110ppi all considering the 34/35 inchers. Granted the FALD and HDR is going to help the image quality of 35" 3440x1440 a lot, but there is only so much you can do with such a large size and smaller resolution. Also, VA pixel speeds max out the quickest so I'm not sure how 200 Hz isn't going to be a gimmick.
I agree it's a low resolution but I'm also completely happy with 1440p 27" and see no reason to upgrade to 4K. I just don't perceive much improvement. I've used the 27" 4Ks before and they are meh as far as I'm concerned for gaming. I do notice improvement on desktop text rendering, but that is a very low priority. Especially when you are paying refresh rate for it, ANY refresh rate. 4K is just not exciting at all. I'm never going to do SLI, so framerates at 4K are also a concern even with a 1080TI/1180TI(whenever that comes out).
HDR and black levels are much more important to me, and I expect the VA to outperform on those areas because it is VA, plus it is Ultrawide which is nice because I mostly play mobas outside of AAA games. I agree that there is a risk the dark transitions will be a problem for >144hz, but fast VA panels do exist so maybe they've done a good job, who knows.