Medieval Game Environment UE4 / UE5 Demo RTX 3080 Gameplay - True Next-Gen Graphics - New Witcher?

Here's full unedited walkthrough of Medieval Game Environment Demo I used for video to showcase how potentially the next Witcher game (The Witcher 4?) may look like.
Medieval Game Environment is a free Quixel demo project designed for Unreal Engine 4 but also compatibile with UE5. What you see here is running on Preview version of Unreal Engine 5 on following rig:

Nvidia GeForce RTX 3080 Founders Edition: https://www.nvidia.com/pl-pl/shop/gef...
AMD Ryzen 9 3900X: https://amzn.to/3dUo7dl
MSI MPG X570 GAMING EDGE WIFI https://amzn.to/2YTXb9y
G.SKILL 16GB (2x8GB) 3200MHz CL16 Ripjaws V Black
https://amzn.to/2YXPPlv

Please note this is unoptimized build so picture stuttering, missing object, popup and glitches are all easy to spot. This is just a demo - not final / commercial project.

So what do you think? is this the true next gen graphics?

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