they shouldn't have even bothered. The game looks stunning in SDR and normal lighting. The HDR looks like the worst reshade filter I've ever seen, and the ray tracing has no real noticeable effect aside from tanking your FPS even on a RTX card. If they added DLSS the performance might have stayed steady but for whatever reason they don't.
There are other aspects of Elden Ring's pc port that drive me nuts, but I'll talk about that later.