I am all for in game cutscenes as long as the facial animations hold up. I think we've gotten to a point where games look good enough and the facial animation tech is there that we don't need CGI anymore. Look at Infinite and Hellblade 2, that's all in engine and they look insanely good. Especially Hellblade 2, you could easily mistake that for straight up CGI.
Besides how good the looks are, in game cutscenes are also way more immersive. CGI cutscenes are beautiful but they always look vastly different from the game and take you out of that world, at least for me.