Adobe Photoshop 23.1.1.202 stutter at 120Hz, 60fps limit and Flic Panning disabled

Adobe Photoshop panning fps: Flick Panning enabled vs disabled and vs older version. If I disable Flick Panning in Photoshop 23.1.1.202 the panning is limited to 60FPS on my 120Hz display. It doesn’t do this in older versions of Photoshop. I also noticed that even with Flick Panning enabled it stutters a little.

The issue is discussed here:

https://community.adobe.com/t5/photoshop-ecosystem-bugs/p-photoshop-21-1-0-choppy-panning-when-quot-flick-panning-quot-is-disabled-windows-10-flick-panning/idi-p/12663105

Specs:
Windows 11 21H2
Intel i9-10900K at 5.1GHz
Asus ROG Maximus XII Formula
16GB RAM
Nvidia GeForce RTX 2080 Ti
graphics drivers 511.23
G-Sync off