I should add, it prints a CMYK and RGB gray perfectly (although we all know that these are not neutral grays, and have green or pink casts to them). it's only on the more-neutral RVW-BK blacks/grays that the "banding" (for lack of a better term) occurs.
I would agree that the issue that you are experiencing is directly related to the nozzle performance of your K (black) printhead. Black does tend to cause nozzle deflections before other colors. Avoiding head strikes and regular and meticulous cleaning of the head (using swabs to physically clean around the nozzle plate, as well as very regular replacement of wipers 2-3x/yr) is all that can be done to forestall this, but issues such as deflections and obstructed nozzles will still eventually occur with use, or based on the passage of time.
The basic issue is the number of nozzles that are dedicated to delivering each color of ink. With DX4 and DX5 heads, there are two channels per ink color when you are running in a CMYK ink configuration. There are a total of 180 nozzles per channel in these heads. Therefore, a total of 360 nozzles are delivering each color of ink. If a handful of nozzles (say fewer than 10) are moderately deflecting, it will probably not be noticeable when the inks are being mixed.
However, when printing using the Roland Color System (RCS), specific colors such as gray are being produced with K ink exclusively, and that is why the deflections are so noticeable as a banding artifact when printing those colors. When printing other colors, all four colors of ink are being mixed to produce process grays and the deflections in the K head are not nearly as visible. Using all four inks to make grays also tends to place a premium on your color management configuration, and any imbalances in it will be manifest as gray tones outputting as non-neutral grays (pinkish or greenish grays), and lighting conditions can make this effect (called Metamerism) even more noticeable.
By way of comparison, the thermal printheads in use with HP Latex machines use many more nozzles to deliver ink. Each printhead in those machines have a total of 2,112 nozzles (1056 per channel, with 6 heads resulting in 12,674 nozzles), and in addition, there is a 'fault tolerance' built into the printheads. This means that the printer will automatically reassess current nozzle performance, and use 'reserve' nozzles to mask any missing primary nozzles, in order to preserve image quality.
My experience across three generations of Latex printers has been that these systems result in significant improvements in the uniformity and consistency of solid colors (less banding), compared with many piezo-based solvent printers. The bonus is that the amount of user-involved maintenance time and effort is also dramatically reduced with HP Latex.