I want to share my understanding here for my future self as well as for any other user who happens to have the same question.
- TDL Model is preferred usually for simplified evaluations (e.g. non-MIMO scenarios). (See Section 7.7.2 in T38.900)
1a. According to specs, three TDL models, namely TDL-A, TDL-B and TDL-C, are constructed to represent three different channel profiles
for NLOS while TDL-D and TDL-E are constructed for LOS, the parameters of which can be found respectively in
Table 7.7.2-1, Table 7.7.2-2 , Table 7.7.2-3, Table 7.7.2-4 and Table 7.7.2-5.
- Given point 1, I believe CDL is more appropriate for MIMO type scenarios (which are the more prevalent scenarios in modern cellular link-level simulations).
I will keep on editing it as I better my understanding.