#1102
Yes, DP 1.3 will support 120Hz at 4K.
I'm not sure what you'd want a 4K monitor for anyway. For the resolution to be noticable on a 24" (27") monitor you need to be closer than 3' (3.5'), for the full benefit you need to be closer than 1.5' (1.75'). That's awfully close. Of course there's bigger screens but I never understood why you'd use those as monitors.
I'd rather just get an M.2 SSD, Samsung 950 Pro probably.
What are "extended motherboard brands"?
#1103
NVMe needs OS support as well, so Windows 8.1 or 10.