What's not true? I said nothing about the past. The rest about UE5 lighting is straight from Henrik on streams. But yes, they could remove the 'adaptive' lighting in the meanwhile, I agree.
UE5 was supposed to release Q4 2021 or possibly early 2022 according to Epic. Currently MO2 is using UE4.26 which should allow for a pretty smooth transition to UE5 once it is out (I have converted a few projects myself with barely any issues at all, and while MO2 is certainly a bigger problem I believe it should be very compatible). Biggest issue would be people with weaker GPUs having poorer performance.
Henrik says a lot of things. Why is lighting bad its not because they dont have time to make it better its because they spent time and money making it worse by forcing in eye adaption tech which ruined the games lighting.
The lighting being bad has nothing to do with UE5 which is not ready to be used in a video game yet esspecially a MMO. Several mounts down the road they might be ok look at UE5 again.
They can easily fix the lighting in this game by reverting the changes the made the lighting bad. It would require very little work and the reason it has not been fixed is because it makes screen shots look pretty.
Henrik is not a expert on the game despite being the lead dev and will say a lot of things, Take everything he says with a grain of salt.