Do Smart Loops add anything if Quantize is on?

Am I understanding it right that Smart Loops just ensure the loop points snap to the grid? So if you don’t use Quantize, they still ensure tight loops that aren’t so dependent on your button timing?

… So does this function have any value if you do use Quantize? (If I understand it right, I don’t think so?)

Does it do anything extra I’m not considering?

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Searching the forums for this very answer. Can anyone chime in?