Let me open saying I think the PS5 deal seen pretty interesting.
A hardware which doesn't come out of the box already outdated, backward compability and not relying (too much) on gimmicks like the Kinect. I was even humoring the idea of buying one.
Than I realize I'd have to pay full price for the games, which is fine if you are buying Spiderman or God of War, not so much if you are trying "Adventures of 3rd Person Action: The Quicktime Event".
It helps Steam also has regional pricing which means people here where get cheaper games, even without sales. I'm unsure if the Playstation has something like that here but Nintendo games surely don't.
Still, if you are a big boy with deep pockets just buy all of them and throw the spare change on my Patreon. :P