Actually MS lost ground on the xbox this generation. And the entire time failed to deliver on promises. So if they come out with a weaker piece of hardware you better know every kid and their neighbor is going to be talking about it. And PSN will run every ad with how they are more powerful.
Yes all those things you mentioned matter. But not so much when you have barely any games. (Compared to psn massive exclusive list)... and ori doesnt count
They needto not only bring the games they need to bring the edge on the console front.
If their system is weaker and the games are on PC then why would anyone buy a xbox?
I'm a huge xbox fan. Gamepass and their entire online interface is better than psn in my opinion. But if they make a weaker box with their track hx... no thx my 500-600 will go towards a nice GPU alongside my ps5. And hey... MS still wins there