SpoolaZZ That is all very true. I don't know how good the anti cheat is. I don't know how often it gets updated etc. I do know there's lots of evidence of cheaters claiming to freely bypass the system.
One thing I've found though is the in game reporting feature to be very effective and efficient. That's entirely from my own experience when using it. So whether a human is reviewing these reports or not with an activated length of recorded footage, I don't know.
I found the decline in overall players since launch has led to quicker ban emails. Maybe that means a smaller report list to process.