I may have misunderstood when you reported it: did you explicitly enable hardware acceleration for SD videos?
No, I did not touch the hardware acceleration settings since my first libreelec install which was 8.0.1j.
Now, on your testing1 I took a look at the settings (didn't change them) and it is set to SD always accelerated.
But, after changing it no never and playing the same h264 SD movie, async video and audio for ~8 secs remains.