Wow, you are right about 90hz. Did not get that to work before (got reprojection/framedrops. But that was before the latest drivers/vive console updates). But now Im getting near 0 reprojection and framedrop in 90hz. 120hz is a very different story, with framedrops every 1-2 second, and 30-50% reprojection.
Running a Strix 4090, 9900k cpu, 64gb ddr4, and win11 22H2, HAGS disabled, and RGB disabled.