Well, I voted yes to both.
For one example, I sold a gaming PC to a fellow, if was one of my mining/gaming combo PCs that I refurbished for him.
It had a Ryzen 5 3600 CPU, Gigabyte B450 mobo, 2x16GB DDR4-3200, and a Radeon RX 5600 XT 6GB card. Running Win10 Pro. Also had a BR writer and 1TB SATA SSD.
All for the low, low price of $300, mostly because of it's mining history, I couldn't be sure how much longer it would last.
But he had an issue. He was connecting it to a 4K 65" HDTV.
He told me that he wanted to play FIFA '23. I looked it up, the recommended specs were a 2700X and an RX 5600XT. A nearly perfect match.
Yet, he said that the game was jerky/skippy. An internet search reveals that the game itself can have issues with smooth game play.
I had previously demonstrated running the Heaven 4.01 benchmark for him, it wasn't skipping, it was smooth, even at the highest settings.
I was going to have him run it at 1080P or 1440P, and use FSR to get 4K. I never got to sit on the phone with him and try that, though.
But I feel that the ability, through "software tricks" to "stretch the capabilities" of the base HW is useful, in some cases.
But it's kind of like, selling CPUs based on both their base and boost clock speeds.
We need new hardware, rated in both "Native rendering", as well as upscaled + fake frames.