Okay, maybe I will be buying the game afterall. As long as "No Denuvo" doesn't mean "no denuvo, but we added a different DRM instead." Except Steam's built in DRM, I guess. It doesn't seem to negatively effect the performance in my Steam games.
Two games I was looking forward to, both launching on the same day. One has Denuvo (civ 7), the other has not (KCD2). Guess which one I'm going to be playing.
Great, now I hope it will actually be well optimised though. I tried the first game again recently, but the performance in the main town is abysmal on high-end hardware.