Can you confirm that the update is working as intended and that these textures are not a bug? The game looks the same as it did before (Still worse than Kingmaker) and if this is the next gen experience Owlcat is offering, man what a disappointment, at that point don't bother releasing the game on console it just feels like I got duped.
It's not a final state, just a gradual upgrade based on the current optimization progress. Also it seems that a certain graphical option (triplanar texturing) isn't currently functioning correctly on PS5, which may lead to some world textures being worse than intended. We're looking at it.