I’ve played through Metro twice now, once with RTX on and the other off. It’s the only game I’ve played through with ray tracing so I have a good sample size to base my impressions on
For this game I am firmly in the camp of current lighting techniques are "good enough" to let me enjoy the game. I can’t really say that playing through with it off decreased my enjoyment or immersion in the game at all. Granted if you stand about and toggle it it’s noticeable, but you soon forget about it once you get into the game again and more importantly, it’s not glaringly obvious that it’s off.
Maybe in 5 or 10 years we’ll be able to look back on baked in lighting and wonder how we tolerated it, but for me personally I’m nowhere near that yet.