I'd like to add my displeasure on this issue as well. HDR (High Dynamic Range) lighting ceased to be an issue with AA back with the Geforce 6/7/8 series (see
Does NVIDIA support HDR and Anti Aliasing...) so this shouldn't apply with most recent GPUs (I'm running dual 8800GTXs and SLI, using AFR2, seems to work a charm).
Having a graphics setting that does nothing seems a significant oversight (unfixed with patch 1.03) so I hope Larian attend to this soon.
