@KelvinK - If you're getting banding when using Impulz luts it means they either don't have enough resolution for whichever colorspace they are designed for or they have other artifacts that affect smoothness. Linear Lut interpolation can also cause issues where there is not enough quantize points. The source footage colorspace should ideally match the colorspace that the lut was developed for. Try it with Resolve 12 using RCM (i.e. not using Cinelog) and you will see the same banding issues.
VisionLog is more of a look than a colorspace. It has a lot of non-linear adjustments and can't be described with a transfer function and matrix in the same way as Log-C, S-log, C-Log, Cinelog-C etc so there is no practical way to invert or linearize it. The problem with adding so many non-linear corrections at the start of a log based workflow or when creating log intermediates, is that any quantize errors, rounding errors and hue shifts get baked into the image. You probably will not see any problems until later but you are effectively reducing the latitude for grading. The initial conversion of linear raw data should ideally be kept to as little corrective processing as possible and preferably be invertible.