4:2:2:2 is not frame time corrected which makes it not 100 % reliable unlike 3:2.
http://bugs.madshi.net/view.php?id=201
you are just wasting your time at 60hz.
madVR will always try to IVTC if it is setup to do so and if the file is interlaced.
so the only "issue" here is if the file is supposed to be interlaced or not.