I don't think color is that different. E.g. older computers had limited color palettes, like 16 color EGA.
For example, if you play games on a virtual screen using a VR helmet, you pretty much always want the game to use stereoscopic 3D, because playing it without it would be strictly worse. (Okay, it would consume less GPU resources, which is good, but that would be the only difference, and this would also hold for things like lower resolution or frame rate.)