No i disagree, it is the dpi the make it here .

Its like having a Small Sensor to a Large Full Frame Sensor.
you just don't have the Information .
Garbage in Garbage out !

if you try to stretch Frames size you are simply enlarging pixel size
if your Source has high pixel & bit density you have the information
to
re-size with out image derogation.
If you want to keep the same frame size then dpi dose not matter .
unless you do VFX, eg. Green Screen work you Need the Pixel density
By the way i always convert to 16 bit TiFF image Sequence.
The other thing that make a different with high "dpi" is Grading.
There again more information, make Grading a breeze .
But no matter which way you want to believe, you must try
it for your self and see if its exceptable product.
This workflow is just a suggestion take it with a grain of salt
But i believe in this workflow.