If there is no timecode track or visual burn-in, it doesn't matter. At all. 29.97 is 29.97.
At that point, you could apply (as timecode track or visual burn-in) whichever is to your liking. DF is wall-clock-time-corrected but drops frame counts, NDF is contiguous but gets off-sync with wall clock time (not really noticeable until => 1hr.).
Scott