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Weather I play on high, or lowest settings there are still the same framerate dips. The game is overall smooth - on average - but they are definitly spots, frequent spots, where framerate dips do occur.
I am running on a 980x, 580 sli with 6GB Dom III ram and as stated wether I stick the settings on lowest or best apperance (which looks beautiful) the game performs the same.
Performance improvements aren't essestial, its not game breaking as I said the game does run mostly smooth, I just feel there is room for some polish in the performance area if the developers choose to tackle it : )