Switch 2 Virtuous interview:

Similarly, the Nintendo Switch 2 supports hardware-accelerated ray tracing, but barely any games are using it. Does it even make sense, or should hardware resources be focused elsewhere?

Eoin: Hardware ray tracing is a widely discussed feature in this generation of consoles. The Xbox Series X and PS5 support it for lighting, but maintaining stable frame rates can be challenging. Epic’s Lumen offers support for software ray tracing on the GPU as a lighter option for a lighting solution, although with Unreal Engine 5.6, focus is shifting toward further optimization of hardware ray tracing capabilities.

On the Series S, hardware ray tracing for lighting has not been widely pursued as an option. That is noteworthy as the Switch 2 has less ray tracing power than the Series S, and DLSS may not significantly close that gap. Beyond lighting, however, hardware ray tracing continues to be widely used across all platforms for reflections and shadows. This is where I see the most potential for the Switch 2, as it has sufficient power to deliver high-quality shadows and reflections at reasonable resolutions and frame rates.

Found this interesting. There were questions over whether raytracing was even possible on SW2 even though DF tested it using Control and yeah it worked.

Sounds like UE5 I'd going to improve support for hardware RT over the lighter software based lighting.

Sounds like SW2 won't be able to do RT lighting but reflections and shadows should work fine.

The reflections in Cyberpunk are stunning and there are so many reflective surfaces. If they're cube mapped I don't care, still looks beautiful.