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If that's what you think will work best then go for it. If you do go the Iiyama route I used one of them for a long time without issue, I seem to remember they use unbranded Samsung panels. 4k is real nice, everything renders that much smoother, especially text.
Most monitors I've come across will only do 4k at 30hz if you use HDMI so stick with thunderbolt 3 or displayport for them.
That's why I'd mount them vertically.
I've got 2 23" monitors (mounted horizontally) at the moment, so that's 40" wide (although they're in a slight V shape so probably 39" wide with 1" wasted on two 0.5" bezels) and 11.5" high and a total of 3840x1020.
Two vertical 27" 4K monitors would give me 4320x3840 at 23" high and 27" wide (so 26" in a slight V shape and adding a bit for bezels).
So less horizontal distance than currently, but twice the height. I was going to stick infrequently used windows (that I'd still like to reference) in the top half of the screens.