Closing, as this Unity version will no longer be getting updates.
How to reproduce:
1. Open the user's attached project "Cloth (Unity 2022.1.0b11).zip"
2. Press Play or Build And Run
3. Observe how the Cloth behaves
4. Press the "FPS Cap" button and observe the Cloth again
Expected result: The Cloth physics are not impacted by the framerate
Actual result: The Cloth bends more intensely