Apparently Fortnite don't show all graphic settings under "Perfromance" mode, which is based on DX11.
However if u switch to DX11/DX12 rendering mode it'll show everything including Reflex setting. Also if u turn Reflex on and change back to performance -- it still works (based of fps limit).
Thanks, didn't know. I checked for myself and I'm sure it wasn't my inattentiveness since on 180hz LLM "Ultra" framerate limit constantly varies around 171-174fps, meanwhile with Reflex, as it was with supposed "glitch", it is dead locked on 171fps. (And I'd never click Ultra since I use in-game 177fps limiter for LLM "On" which I have in NVCP by default (in case games don't run Reflex))
I thought maybe Reflex just overrites LLM by default if available now, but figures out I just got confused.
So my theory is since it was fresh reinstallment of the game (with saved settings log) it might had some kind of glitch where the game couldn't read my config properly for the first time (or Reflex just wouldn't work for some reason), but after relaunch or two it magically fixed without me turning it on anywhere. Anyway now I know where to change it if needed, guess it's wrapped up! ^-^