I have set quality to Ultra. The fps is probably 45+ most places(60+ in some) but there are some slight fps drop and lag when looking in the distance. I estimate it to be around 20/30+ when this happens like it drops for no reason even though it feels like it could be smooth. There some kind of micro jerking around in these areas which doesn't happen for very long. So for those of you who have the above setup, are you perfectly fine with your fps or have you lowered quality to High to remove this slight lag.

Scratch that. Lowered AA and AF now it runs like silk.