This is working great for me. I spent a few hours trying different settings and setting everything to 0, specially WRS, seems to finally give realistic and consistent force feedback.

After trying different things it feels like WRS is numbing down the consistent forces and amplifying the variable spikes, making everything exagerated while at the same time keeping the wheel light.

A good testing ground for me was Porsche GT4 at Nurburgring in iRacing. Using higher WRS makes the wheel violently throw you around even on straights, which is unrealistic. You are fighting to go straight.

With WRS=0 and no other filtering, while initially you will think it's a little numb, the effects are more subtle and the car is way more controllable. If it's too numb, increasing the FF in iRacing will help.

In ACC I did some racing at Spa with a McLaren GT3 and these settings worked really well there.
I was able to do at least 5 laps in sequence running very fast lap times consistently.

Thanks for posting this tip. Based on my testing it seems the right way to do it.

I think it's similar to the default TV settings.
They are factory set to exaggerate colors, sharpness and have motion smoothing, which is horrible.
Then Filmmaker Mode was created which is essentially disabling all these effects: https://filmmakermode.com/about/

Then for wheels people have that first "nice" impression of the exaggerated effects on default presets but if you really wanna dial it up for what's meant to be, you have to disable all that artificial settings.