I didn't realize this was digital only, that's good news. I hope Capcom's Kunitsu-Gami gets a physical version as well, that game really needs some attention.
I might be wrong but the quality mode seemed unlocked to me. We should see some improvements with the current release. The image quality on performance is completely fried though. That one will need a full rework on top of the unresponsiveness of the frame generation they applied.
I ended up not liking the game much and half of that comes from the abysmal performance on PS5 + loading times.
PS: some of the worst textures I've seen in generations, as well. Probably a UE5 bug like some have mentioned.