А тем временем появился V-Ray 5 for 3ds Max - Hotfix 1 (5.00.04)
New features
VRayBackToBeauty
Add render element that will expand to all beauty render channels;
Modified feature
V-RaySimplify the Image sampler options;
VRayBitmap
View image button should work for .tx bitmaps;
VRayDistance
TexAdd an option to not compute for the viewports;
VRayMtl
Raise the default Refraction and Reflection Max depth to 8;
VFB2
Add keyboard shortcut for Lock Pixel Coordinates ("L");
Support for the color corrections and VRayDenoiser in V-Ray Viewport IPR;
Zoom key combinations support;
Installer
Progress of V-Ray Material Library download should display downloaded/total size in the installer;
Bug fixes
V-Ray
VRayDisplacementMod's Subdivision not working far from scene origin;
V-Ray GPU
Activating 3ds Max menus during IPR stops image updates in the VFB;
Memory leak with VRayDistanceTex;
V-Ray GPU IPR
Orthographic projection is not rendered properly with RTX;
VRayClipper
Wrong objects in the exclude list when merged in scene;
VRayLight
NaN pixels occur with textured adaptive dome light;
VRayToonMtl
Overlapping MaxScript names of gradient parameters;
VRayTriplanarTex
Incorrect motion blur;
VRayVolumeGrid
More noise with Blue Noise Sampling enabled for grid volumes;
VFB2
Artifacts with Filmic tonemap;
Colorful halo with Lens Effects and positive Lightness values in the Hue/Saturation color correction;
Crash on consecutive V-Ray GPU IPR restarts when selecting different layers;
Crash on scene open when the scene was saved with legacy VFB LUT color correction;
Different convert to composite result if the first light is turned off;
Large color values are not formatted properly in pixel info;
Missing color corrections/post effects on image copied to clipboard;
Resize on region IPR when an image has been previously loaded from history;
Show corrected colors doesn't work;
Switching from OCIO to sRGB and back loses the OCIO settings;
Window position can not be saved on a non-primary monitor;
VFB
"Too many open files" error when loading many LUT files;
Installer
Downloading the V-Ray Material Library does not work with network paths starting with "\\";
The install log is empty when an error occurs;