BUT THEY GO HAND IN HAND. One without the other doesn't get the full effect. Without the full effect, you can't know that your edits and adjustments are actually correct. This is not complicated.
What are you talking about? The Macs already ship with these monitors, and the OS already supports HDR.
If you are doing serious editing and want a true HDR monitor, sure, you can just get an true 10-bit external monitor, but in reality, most editing 4K on these iMacs don't. They're not generally using stock iMacs to edit Hollywood movies after all.
However, I'm talking about DRM'd 4K movie streaming, so your post doesn't even make sense. It really doesn't matter what monitor you have. It can even be SDR as long as it's dithered properly. However, the iMacs have greater than usual brightness, and it has wide colour gamut, so watching a 4K HDR stream on a 2017 5K iMac would be a significant improvement over older technology.
If the TV companies were as purist as you two guys seem to be, about 90% of 4K HDR TVs out there would have to be thrown in the garbage.
I just want to be able to watch 4K streams, some of which I've already paid for, on my iMac, but I can't, because Apple hasn't yet incorporated the DRM support in the OS. The ironic part is you CAN already do this on an iMac or MacBook Pro, but you have to install Windows 10 to do it.
The other thing I will point out again is that I can ALREADY decode 10-bit HDR material on my iMac, because Apple has built in the support into High Sierra already. 10-bit HDR HEVC is fully hardware accelerated in both High Sierra and Mojave, and even works on my 12" SDR MacBook. The problem is the DRM, which so far Apple does not support.
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tl;dr:
Those who say Apple won't be supporting 4K HDR video streaming because the monitors are not true HDR are barking up the wrong tree, because Apple ALREADY supports 4K HDR decode on Macs, and that support is built right into the OS.
The main thing that is preventing 4K streaming right now is 4K DRM support. The hardware is all there, but macOS doesn't support it, even though Windows 10 on the exact same Macs works just fine for this.
I can only hope Apple will release this on some version of Mojave in the future, say after the 2018 iMacs and MacBook Pros come out.