Yeah I dunno...I am not overly optimistic about RT performance on the consoles now. AMD being quiet about yesterday seemed a bit weird....and that was with hardware that has Infinity Cache...
Well working backwards the RX 6800 has 15% more core resources (based on gaming clock) than the XSX. It also has 50% more fill rate and roughly the same memory bandwidth but with the addition of Infinity Cache. On balance that puts it, at least according to AMD's own testing at around 15-20% faster than a 2080Ti. So it's reasonable to assume the XSX is going to have ballpark 2080Ti performance outside of RT if both are utilised equally (more than expected I must admit) and assuming the XSX has sufficient bandwidth to keep it's core from being bandwidth limited (the 6800 probably has way more than it needs).
Now the 6800XT is about as fast as the 3080 which is in turn about 30% faster than the 2080Ti but according to the 2 information points we have so far, may be more like 2080Ti performance in RT.
So that would put the XSX at somewhere between 2070 and 2070S in RT performance and the PS5, assuming it's RT performance scales comparably to the XSX, at around 2060 level. That's assuming the RX6xxx cards aren't getting a disproportional RT performance improvement from the Infinity cache.
So not game changing, but still pretty reasonable.
disclaimer: I'm well aware that many factors could throw the above comparison off significantly.