Just did a quick check to see. When I went into the Xbox 360 settings to set these:
Reference Levels: Extended (0-255)
HDMI Color Space: RGB
And then changed the LHi Control Panel to:
LHi capture to full range RGB
What I saw was a general brightening of the image so that the deeper blacks changed to murky grays. I guess that would be more crushing the whites.
Not sure if we have any 4:4:4 sources. Will double check as soon as I can. Hopefully this gives you some of the info you were looking for. Thanks.