Hi Mark,HD-3 channels sound awful to me - the metallic toilet-swirl effect - but I suspect individuals vary widely in their sensitivity to digital artifacts.
It's not really a function of the channel being designated "HD3" that makes it sound less appealing....it is the bandwidth for that subchannel that is being assigned in the station's HD importer. Although I don't see it done in common practice, HD3 could be given a lot of bandwidth and it would sound great(er).