I'm seeing what look like lag spikes in KDE - I've got the KDE FPS counter enabled and can see paint times go up when there's a spike.
Looking at logs in yast, I see:
kwin_screencast: Dropping a screencast frame because the compositor is slow
I'm not sure that's the problem or a symptom though. I'm not doing anything intensive - I've got Firefox open, Discord and Dolphin. Sometimes I have a youtube video playing (and I've set the variable to force enable hardware decoding in Firefox)
I'm on OpenSUSE Tumbleweed, up to date. Running a 6900XT with amdgpu installed. I've got my CPU governor set to performance to see if that resolved the issue but it doesn't seem to. All effects and compositor settings should be default.
Using Wayland.