You're right, it looks like 120Hz has become the new standard.
Are you a gamer? If not, why on earth do you pay such a premium for a 120Hz ultrawide?
Also, in case you haven't make sure you do the following:
SO many people buy high Hz monitors and never update their settings in Windows.
.
I know this is 12 years old but this is one of the greatest things I have ever read.