If the display is still just sRGB, the extra bits should just help ensure smoother gradients, and no detail lost when colors are adjusted for calibration. If it's a wider-gamut monitor, the extra bits can convey the extra range of colors, while still keeping the sRGB range as smooth as before. Without the extra bits, the sRGB colors would have to fit within a smaller numerical range, leading to less precise colors and banding.
One big improvement will just be better color accuracy and higher contrast. A 10-bit display is a specialized tool for people worried about correct color. They're not just going to throw in any cheap panel, or it's not going to sell. Even without the extra bits, the monitor will likely look better than most 8-bit monitors. It's this part that will jump out at you more than the smoothness from the extra bits.




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