I’ve had a breakthrough with my G2 that results in very nice performance without MR.
See this article in Zendesk. I turned HAGS off, disabled full screen optimizations (I have my settings on Windowed), and set my cache to min 5120 max 10240.
Headset 90hz, best visual quality, maximum resolution.
Openxr disable latest preview release, 100%, disable Prefer Framerate over latency.
Game settings DX12, Reflex On+Boost, AA DLSS Balanced, 100 AMD FX Sharpening.
Disable OpenXR Toolkit for now to keep things simple.
Choose Ultra preset in Graphics settings. This will ensure you stay GPU bound.
Nothing set in the Nvidia NCP. Restore defaults globally and per program if you are not sure.
I was getting 30ish FPS in my YMF5 (great for testing). After I found this combination of settings by reading up on Reflex, I was getting 90fps in the menu, and around 45fps in game.
3080Ti with i7 11gen.
BTW this method works in DCS as well, only with Low Latency Mode = Ultra since they are DX11.