I wonder what type of meager hardware setup would allow for the ideal settings to reduce input without video_frame_delay=14 due to the fact that it is the most expensive of the lag reduction techniques. The reason this would be the ideal setup in my mind, is that it would allow for Pixellate.cg or sharp-bilinear.cg to do some interpolation, like the SNES Mini when doing non-integer scaling, while still being an affordable piece of hardware to put on a TV without sacrificing a gaming PC budget. Interpolation for non-integer 1080p that limits artifacting is 2nd only to input lag for me in terms of enjoyable experiences. What a blessing that feature is on the SNES Mini.
Now I am not familiar with RetroPie, but I do know the “dispmanx” setting is unique to the Raspberry Pi. I assume that using a x86 based PC, there is no similar choice available due to being “limited”(?) to running the OpenGL renderer? Cheap PC would be even better if that meant free OS.