This generation is already pretty weak, and it was hard to justify the original PS5 which, after a whopping four years, still has too few exclusive titles to justify the increased price point. Now they are asking for $700 (and they increased the controller's price, too), but there's still too few next gen titles, and it doesn't even come with basic features like a disc tray and a vertical mount. Not even a better form factor, it's the same old ugly case, but somehow bigger.
The only premium thing about this thing is the price tag. $700 dollars but €800, because apparently they are dominating the European market so much that they don't even have to try to sell it at an honest price point. With all those money you can just buy a PC. I honestly don't think that many people who are interested in the console market (which, historically, has always been a "low budget" entry into modern gaming) would be willing to spend so much money on one.
I guess we circled back to the PS3 era, when Sony got drunk with overconfidence. Only, this time they'll get away with it because their main competitor is somehow even more incompetent than them. I wonder if the handheld PC market will pose a threat to their dominance in the future - at the moment, it's a very small niche.
It's just so sad. I remember back when the PS4 Pro came out and you could trade in your old PS4 for a little on top to get a Pro at GameStop. It was a night and day difference going from a base PS4 to a Pro - and merely for the price of the console, 3 random games off a list of curated games, two controllers, iirc, and 100€. It was straight gas for me.
Paying 300€ on top - realistically even more because you're not gonna sell a used PS5 for 500€ nowadays - plus the money for a disc drive and a vertical stand would set you back like 900-1000€. Completely out of their minds