Excellent overview and help to understanding noise reduction VS ISO.
I don't use Lightroom (like it seems , most people do...)-have always used Photoshop, Recently Tim Gray presented a tutorial on Adobe Camera Raw, which I have found very useful . It is a far cry from what it used to be and includes sharpening and noise reduction.
In my processed version, I used Camera raw for everything. Then in PS I selected the background and used a little gaussian blur . Curious what you all think of this process.
I must say, Adobe Camera raw seem very sophisticated and I've very touched the surface of what it can do. But I like it better than DXO or Topaz for the most part.
Just my opinion but I'd say no to the gaussIan blur as you did it, it makes the stick look wonky. You might try the lens blur tool in ACR for that kind of effect. Lightroom is basically the same tools as ACR.