I'm guessing that PS5/XSX will get a patch for 4K/30 fps with RT and 1440p/60 fps with no RT mode.
Im betting on a Quality mode only (1440p with RT)
1440p 'cause there are way too many RT implementations on the PC version that would be neat on the PS5
If they push to implement all of them, the resolution will take a hit, undoubtly
Miles Morales runs at 4k/30 with RT reflections, but Cyberpunk uses RT shadows, RT reflections, RT ilumination, making it waay more expensive
I would play it at 1080p with all of those, honestly
And I dont think that they will put a Performance Mode 'cause they aim to put multiplayer in the game later on. 60 fps players vs 30 fps players would be a mess.
Maybe they will put the RT mode (with even 1080p but with all RT features) and 4k mode (with RT reflections only)