I have dropped PS+ about 2(3?) years back, poor free games and shitty online, No ragrats.
Still have Gold (pay around ÂŁ20 per year, keep an eye out for deals and then get it when its cheap), great value, along with EA access, a massive backlog and having 2 kids means that spending money for new games is basically impossible.
But it means that I only get new games I really love and tend to hang onto and replay for years.