Yes. It can also be cheaper to make, since the same material can look good under more different lighting conditions. So an artist can make the textures & materi

Yes. It can also be cheaper to make, since the same material can look good under more different lighting conditions. So an artist can make the textures & material once and it will mostly look "correct" when put in anywhere. As opposed to older ad-hoc models where often in a different lighting setup at least some parts had to be redone. Just wanted to make a distinction between "physically based/plausible" and "photorealistic", since I've seen both being mixed up a lot of times.