For navigating menus, even the original Quest's hand tracking, where you used your fingers to point at things, is good enough.
I just cannot get it to reliably recognize pinching. It's like only half the time, and sometimes I have to pinch like ten times in a row until success. Or the act of pinching also moves the hand off the item you're trying to click.
And then certain things your on-screen hands just can't reach. Super unclear why. But I think something to do with trying to map hands close to you, to an interface button visually one or two meters away.