Excellent, you can change some settings for more fps, or if you don't want sharpening, for instance. ***The LUT is a must-have effect***.
SSAO eats ~30% GPU power on my 2080 @3440x1440, but really makes difference (both inside the car and outside), butI think some AA setting is stuck in my system (I'm changing everything on Nvidia Inspector to find out what is the matter - at least I'm "stuck" on uberultra graphics lol, but I want to save some power).
The game is prettier than anything (except ACC) else if you like crispy graphics, this Reshade profile is highly recommended.
The shading can be quite expensive, especially on large resolutions. Therefore I have configured hotkeys to enable the peformance mode which disables a few effects for more peformance. But as you said you can easily customize it manually by enabling/disabling your desired set of shaders within the Reshade dialog.