Using a 1080p 165Hz monitor, the console is connected directly via the HDMI 1 port using the cable included with the console. 120hz was previously an option, enabled and fully functional, now the option is completely missing, and the console deems my setup is incapable of displaying at 120Hz (see image attached). No settings on the display nor console were changed between the last time I observed it working and now.
The display is also connected to my Linux PC (via DisplayPort), and it shows no issues running at 1080p165hz.
https://a.co/d/42k68Qs - Amazon link to the display I'm using
OS version on console - 10.0.25398.3402 (xb_flt_2402zn.240108-2200)