I was finally able to solve my problem.
The path I took was to restore an older clonezilla backup image that still contained my /home data and programs, but was laggy and had graphics issues (step 7 in my original post). The AMDGPU generic graphics driver was missing, then I realized the linux kernal was very old (5.4.0-139-generic) and I was not being offered newer kernels in "sudo apt update". After installing a missing package by "sudo apt install linux-generic-hwe-20.04" from this post, bingo! my kernals then properly updated to the latest versions (5.15.0-60-generic) which included the AMDGPU driver, which fixed all my graphics and laggy performance issues. I'm happy now with latest Ubuntu 20.04.5 kernals and working two monitors and /home, settings, and programs still present.
My other learnings/takeaways:
- Converting from MBR/Bios to GPT/UEFI using gdisk and gparted and then adding back GRUB with "boot-repair" was successful and saved my existing /home , settings, and programs.
- Subsequently updating Ubuntu with the GUI installer for 20.04.5 from a Live-USB drive and selecting the "something else" option seemed to erase my old /home, settings, and programs even though I was sure to NOT check the "format" tick box. The program seems to format (at least erase) my /home, and programs anyway, in contrast to what others experienced with older Ubuntu versions. I repeated this a few times to be sure. Maybe this is a bug in the 20.04.5 installer??
Thanks to oldfred and karel for your comments. Hope mine help other newbies like me :-).