For years I thought there wasn't much in the way of jiggle physics in FFXIV...but then one Make it Rain Campaign I was in the Gold Saucer with everyone else, my FPS dropped below 60, and a Femroe ran by in a bikini, bouncing away just like Nophica the goddess of Abundance intended.

There's plenty of jiggle physics in the game, it's just locked to an FPS plenty of players exceed.