Did some research on the Reface CP's sound engine. It uses a combination of Spectral Component Modeling and AWM2. What this means is there's not specifically 'piano' samples in there but more the base sound components that come together to make a piano sound like a piano. You could in theory construct an acoustic piano sound from the components already there.
Think of it this way -- the Reface's bigger brothers, the CP-1, CP-4, and CP-40 use the same sound engine to generate many more Rhodes models than the Reface, and quite a few acoustic pianos as well. If memory and processing power are cheap enough it makes no sense to spend any effort paring down the sound engine, so the Reface CP is the same/similar underneath the hood but limits your access to the engine because of it's interface.
I wouldn't be at all surprised if some clever cookie figures out a way to access all this hidden stuff and writes a PC program...
I also like to think that a rogue designer at Yamaha was rebelling against some marketing suit who wanted that awful toy piano in there.