I will not be buying into PS5 for possibly the first year
OK, but what are the better alternatives exactly? And why?
Being objective, for example what can Xbox offer to sweeten the deal over what they are currently offering? I mean if you want to play old Xbox games at 4k or at least higher resolutions than originally, you have that already. You want cross-play, then that's only going to get better if Sony decides they want to play ball. Is support from Japanese devs going to increase when that territory has never shown any interest in the ecosystem from day #1 of OG Xbox. And considering that Japanese games are the things being censored, doesn't it make that whole point moot along with it?
So what does that leave? Streaming? That's looking to be a messy and contested market, and as I've said repeatedly in the past only certain types of games can make any sort of ROI in that environment. Also as a-la carte services get more common, where's that going to leave Gamepass? Because lets face it, if a third-party is ok with putting its product on there, why should they blink at putting it on Stadia or wherever? So that leaves Xbox dumping its first-party on their as a differentiator, which to be brutally honest has hardly been blowing the doors off the marketplace this gen.
On the upside, they've bought a few studios, but again, the problem is that games aren't getting quicker and cheaper to make so its unlikely to bear fruit until a couple of years or more into next gen. In the meanwhile they need to get by on the same core franchises they've been grinding out forever.
Maybe I'm missing something, but it strikes me that having thrown the kitchen sink at Xbox One in order to make it competitive, and failing to move the needle against Sony... what exactly do they have left?
On the other hand, Sony may well be coasting now, but all its going to take is a management decision to play the "me-too" game in order for them to match these features. They have streaming tech, they can offer a-la carte back catalog, they can flip the switch on cross-play and publisher embedded services. BC should be a lock for pretty much everything that's gone before thanks to more powerful next-gen hardware...
That's a lot of cards to play if they start to feel the heat.