Switching to 120hz won't remove the tearing, you don't magically get rid of the tears because the frame rate is below the frequency of the monitor. If you don't sync every single frame will have a tear in it somewhere except in those rare 1 in 1080 moments when it aligns perfectly.
What these runt frames are about is AMD not doing frame metering. They produce 2 frames very close to each other, on of which is swapped in less than a millisecond after the other and did nothing for the player as the frame was never really displayed. Greater than 60 fps on 60 hz screens just means more than 1 tear is increasingly likely.
Pcper are doing something completely reasonable when they remove the runt frames. A frame that only shows an few lines did nothing for the user at all, it was wasted effort entirely and should be removed from the fps chart to correct for the problem. The small tail of a picture that is the next frame should not be removed because it will form the top of the next frame, although it would be nice to know if its also cut short and its total display lines is less than the useful threshold.
What pcper has come across is a problem none of us knew about. AMD is getting artificially high fps in xfire with frames being swapped very close. Its effectively worthless to have xfire over a single card in the game shown. The same is not true on Nvidia.
The previous fraps traces gave us an idea of what was wrong but not the whole story, clearly these traces are a superior test and much more accurate. I have no problem saying that now I would prefer a captured trace over frame times, but I still prefer frame times over averaged fps as it still shows up problems that fps does not. But we also know that the jitter nvidia cards show is reduced by the time it gets on screen and on amd its increased massively. That is a bit of shock for many here but not for me, I maintain there is something deeply wrong on the 7970s I own and its not that the cards are faulty. Looking more and more like amd has a terrible solution, and I want more games tested and some way to review the results myself.