Yes 200 was the ultra setting before one of the sim updates, but they increased it to 400 for those that wanted it. I run at 300 a lot of the time which looks great in 2k (though not greatly different at 1080) but it has a hit on performance with a lot of addon packages. 400 looks fantastic but the performance hit is way to great for my rig (which is no slouch with a 5800X3D and an RTX3080).
Quite a few even run below 200 to improve stuttering and fps.