There is a lot of processing on the video output when connected to an HDMI monitor. For example black text has a green hue around it and colours are saturated. I have checked multiple HDMI cables and I can 100% confirm the issue is with the M2. Pretty useless for me as I need it as a seamless switcher to cut between 2 laptops feeding a projector.

There is also no dissolve option when switching between inputs although that's not a deal-breaker. If it could output clean video on the HDMI output it would suit my needs.