I thought the digital foundry videos made it sound like that wasn't the case.
Also stuff like this:
https://www.youtube.com/watch?v=uowAQUla9F0&t=261s
Makes me think, its atleast not useless OP.
This seems like a noticable differnce in performance and visuals.
Like base PS5 quality mode, at 30fps... is being matched in visuals and running 60fps.
To some people that might be of value.
Same with games that use raytracing.