Yes, Framework has so far failed in providing good specs for the ports. And what the GPU supports is very distinct from what a product using that chip supports. Intel 13th gen for example has supported UHBR10, UHBR20 and USB3 20Gbps from the start. But the ReTimer chips Framework uses do not, hence none of that functionality is available on ports.
Does your display even support UHBR10 speeds? And even if it does, it will most likely not need UHBR10 speeds to achieve 4K120. Most displays do that with only HBR3 speeds or less.
And that would be irrelevant / is known. The “version of DisplayPort” refers to a PDF. And that is determined 99% by the GPU. And nothing on the board will likely have an impact on that. So if you quote any DP version, it will be 2.1 as stated by AMD for that iGPU. But the speed is independent of that. AMD themselves only support the lowest of the 3 speeds that have been added between 1.4 and 2.1. And if the board manufacturer did not want to expose the full speed or not every part of the chain is ready for UHBR10 speeds, then you are simply not getting that. Without any impact to other protocol features.
The speed may be throttled, but that does not take away that the port was designed for DP 2.1 and supports all other features that are part of that spec and do not come down to connection speed. And the ReTimer will have nothing to say about that.
Is that important? Which monitor actually achieves 4K120 that way? Is there any? Most simply rely on DSC with HBR3 or less.
No. At worst, if it is not qualified for those speeds it could block it (Framework does not say, they sold the DP expansion card shortly stating DP 2.1, but then removed that again. Unclear what the top-speed is those have been confirmed / designed for). The USB-C expansion cards we know are designed and working for USB4 Gen 3, which is exactly as fast and demanding as UHBR20, so those are definitely good enough for up to UHBR20. Since the DP expansion card is simple, it might also be. But only FW knows.
And knowing what the ReTimer chips can do is one thing. Even if the chip can do UHBR10, does not necessarily mean that the board can and the chip has been configured to actually do it. And it should have been easy for Framework to just list the non-USB4 DP output at faster DP speeds than the USB4 ports if it did support the full speed. But they rather removed all mentions of speed or DP capabilities. At this point, only testing with a UHBR10-capable sink will tell, because Framework seems invested in not providing clear specifications for ports and or expansion cards.
AMD stating 8K60 support for their iGPU is imprecise. It does not guarantee that all ports could do that at the same time. For example previous AMD iGPUs listed 4x 4k60 as max. Even though they could support way more for a single display. Intel has more detailed specs that go like 4x 4k60 or 1x 8K60 guaranteed. So there might be a tradeoff at some point, where you cannot drive every display at max. bandwidth at the same time due to overall memory bandwidth limitations. 4K120 is nowhere near the bandwidth limit for a single of those ports or the display pipes, and my guess is 3x 4K120 will probably work, but it could very easily be outside of what AMD officially guarantees, just like it would be for past and current Intel iGPUs. And you could run into issues that way. Or even a straight up message from the driver of “you have exceeded iGPU capabilities, deactivate some displays or reduce their bandwidth to enable further ones”.