Back when Apple II's, Atari's and Commodores were the only PC's we really had at home, we all dreamed of a day when a 5 1/4" floppy could be popped into ANY pc and we could just game, no matter which friends house we went over.
Today the PS5 and the Series X are essentially "the same". Not Literally, but figuratively.....they offer almost nothing the other does not, even down to performance variances measured in barely double-digits and that depends on how the dev's execute the code. The PC is the common factor.
Microsoft understands this because they are a software company. Sony hates this, because they are primarily a Hardware Company. Game developers hate both because they want to make the most money possible on a successful game now that the Gaming Sheep (that's us) have become self-aware that we have the ability to say "You know what, this thing you're producing....kinda sucks" and we've stopped preordering and started protesting.
Stop Preordering Everything. Learn to appreciate what we have, and what we have had. Make the gaming industry take our wants seriously and not just churn out whatever they want and expect us to show up at the trough.
Sony releasing a $700 system that takes 30fps games and turns them into 60fps with "barely observable" increases in visual fidelity is insulting, MOSTLY because they promised (I know, I know) the PS5 would be that 60fps OMG machine.
Microsoft has, in a fit of temporary (no doubt) sobriety that none of us saw coming, said "yeah uh, we're just sticking with the hardware that is out there for right now..."........my guess is they will leverage Dell and Asus and whoever else to start turning Xbox into a "Brand" of standards that PC code bases running Windows 11 or some kind of Steam Deck/Xbox Kernel Hybrid will support natively, aka: A pc that is a game console first with an option to go Mouse/Keyboard and run WORD and so forth once you open up some widows, but the thing basically boots to an xbox/steam interface that is 100% controllable with a joypad.
Sony needs people to keep buying hardware revisions, Microsoft....just needs people to stop buying their hardware and move their gaming to WIndows because.....they own that market completely. If Sony's best games are on Windows, then the future is Sony's walled garden and handful of exclusives versus all the games that run on Windows PC's of a certain spec.
Nintendo, meanwhile, is Nintendo and for the purposes of this argument kinda just does it's own thing.