So you do understand that RT isn't the issue, it's GPU pricing, which both AMD and Nvidia are scalping people on, AMD is overpriced because it has no real RT performance yet wants to charge you £900 for not even high end GPUs, Nvidia because it thinks twice that for high end if acceptable and nothing in the middle really fully realises actual good performance without introducing latency (MFG).
So relatively speaking, both vendors are overpriced in their respective lanes. Intel is the only bang for buck brand currently, but then it lacks the bells and whistles, but is priced accordingly.
Having an opinion on RT is not relevant, then, the core issue is GPU pricing.
I came from 3 successive generations of Nvidia cards, GTX 970, GTX 1070, RTX 2070S, you see a pattern of where i buy and i used to upgrade every generation, i have successive ATI / AMD and Nvidia cards long before that too.
The E****ification for me started with the RTX 3070, 30% faster than the 2070S and still 8GB, i already had a couple of games where that 8GB VRam buffer was was a problem for the 2070S never mind a GPU 30% more powerful, of which 30% is also not good, so for the fist time in a decade or more i skipped a generation.
Then along comes the RTX 4070, over £600 for one with a not completely junk cooler, 65% faster than my 2070S, that's good, but over £600 and still only 12GB, at this point i wanted 16GB.
So now i waited just a little longer to see if the RX 7800 XT rumours were true.
Well, This
https://www.sapphiretech.com/en/consumer/pulse-radeon-rx-7800-xt-16g-gddr6 entered the market at £480, a compact design with a good cooler and an S-Tier PCB, really high quality, compared with a 4070 with a D-Tier PCB and an E-Tier cooler at £100 more.
The 2070S became £100 more than the 1070 before it (loved the 1070, IMO the last great Nvidia card) for its Ray Tracing, it was not completely useless for RT, it couldn't do Metro Exodus with RT but it could do Far Cry 6 with RT, so hit and miss... its fine for first gen RT, you could use it.
The 3070 then became all about DLSS, you were supposed to accept that it wasn't really a better card than what it replaced because it had DLSS, for me that's where the E****ification of Nvidia's GPU's starts.
The RX 7800 XT has 2X the performance of the 2070S it replaced including in Ray Tracing, the Nvidia alternative for Ray Tracing was the RTX 4060 Ti 16GB, overall when you include Wokong and Cyberpunk the 7800 XT is 15% faster, and more than that in just raster, its = to a 4070 in raster for £100 less, £150 is you want one that isn't garbage tier, which i do.
Drivers: the AMD Driver UI and features is just better than even Nvidia's new one, which the internet is full of complaints that Nvidia new driver control panel is laggy and buggy, AMD's isn't, swapping the 2070S for the RX 7800 XT also fixed the problem i had with black checkerboard pattern in Chrome products like Google Chrome and Discord, Nvidia ignore this problem for years, there are plenty of unanswered complaints about it online, google it.
I've run this GPU for about 18 months now, in terms of reliability its been perfect, it has never put a foot wrong, plug it in and forget about it, i cannot say that about any Nvidia card i had, for as boring as that is its how it should be, it also plays all my games beautifully smooth, its so smooth.... its the first thing i noticed as a difference between it and any Nvidia card i had before it.
As for Ray Tracing, for a sub £500 card i would rate its Ray Tracing performance as excellent, for example Metro Exodus Enhanced Edition at 1440P on the 2070S was unplayable, and you couldn't even turn RT off in that, the RX 7800 XT is happy to run along at 80 to 100 FPS 1440P native with everything cranked to the max, Doom Eternal 4K 100 FPS everything cranked to the max.... no problem, and so on...
There is not a "40% difference in price" between AMD's and Nvidia GPU's, especially now, but this gaslighting nonsense is what people do so they can always say you should buy Nvidia over AMD, no matter how crap and how expensive they get. This card is a better card than the price Nvidia equivalent, ***** WAY better.