I've done about 6 hours I think, but not very far through as have been exploring everything and it's... OK?
The various graphical modes on PS5 are not great, both fidelity modes feel bad - and so I assume are running badly - it's hard to be sure as the motion blur is very jarring. Having to reboot to turn raytracing on/off is a bit shit, too.
I only have LCD TV (well, I have an LG OLED but I don't use it), and whilst it (the LCD) supports VRR it also gimps the HDR while doing so, but that's how I've been playing. It feels smooth most of the time, but I guess is dropping below 48fps in places as I have felt it, especially in Hogsmeade. As an aside, from Eurogamer's comments I don't think there's going to be any DF analysis (EG are skipping coverage) - so that Tweet earlier that shows EG giving it 8 out of 10 - i.e., Recommended is bullshit.
The pop in can be quite severe, especially in Hogsmeade with its many NPCs, and in Hogwart's when running between areas - in the latter, I've had entire rooms not draw in so it's like you're in a Unity level (this also happened on my first visit to the Three Broomsticks in Hogsmeade)
The Force Feedback is really bad. I haven't used a normal DualSense (I mugged myself and got the Edge), but there seems to be zero FFB in 90% of the cutscenes, even when things are exploding and being destroyed. The rest of the time, what little FFB there is is frequently 'weak'.
As for the gameplay, the combat is fun for sure. But most of the SQs so far have been really lacklustre and the battles few and far between. There's very little NPC interaction, but maybe quest lines are going to unlock where more interaction happens but it's weird to walk around parts of the castle where everyone's talking amongst themselves and then get to another area and all the people milling about are mute.
Running around Hogwart's is great though for the most part and it's really well realised with lots of recognisable locations from the films, really nostalgic and lots of nods to the movies - even some that are beat for beat - and for those moments it's good, but I kinda wish I had gone for the Steam version as I might have refunded it.
Sorry for the hotch potch thoughts.