Simple footage, no effects/grades stuttering in the timeline

Never, ever in my life have I ever had as many problems with a piece of software, as I have with Davinci Resolve. Never. Even with the much hated Adobe suite.
Timeline with 3 simple clips stutters so much that it is unusable.
Three simple clips, drone footage - h.265 .MOV, transcoded via Resolve into DNxHR HQ 10bit. Nothing was done to the clips except simple retiming to the middle one.
Machine is a Windows Intel i9 PC, 32GB ram, footage and the whole project is on internal SSDs (Samsung Pro 860 and Evo 970 m.2 nvme), GPU is AMD Radeon Vega 64. The damned thing should fly with such simple tasks
Any ideas before I reformat my PC? Here is a 15sec screen recording of the problem https://drive.google.com/file/d/1BayEbNePcaAxXHRUGjS9n0EFGI0i3DvA/view?usp=sharing
Timeline with 3 simple clips stutters so much that it is unusable.
Three simple clips, drone footage - h.265 .MOV, transcoded via Resolve into DNxHR HQ 10bit. Nothing was done to the clips except simple retiming to the middle one.
Machine is a Windows Intel i9 PC, 32GB ram, footage and the whole project is on internal SSDs (Samsung Pro 860 and Evo 970 m.2 nvme), GPU is AMD Radeon Vega 64. The damned thing should fly with such simple tasks

Any ideas before I reformat my PC? Here is a 15sec screen recording of the problem https://drive.google.com/file/d/1BayEbNePcaAxXHRUGjS9n0EFGI0i3DvA/view?usp=sharing