Absolutely not!
PS5 will be like PS4, built around being a great core gaming device, made for developers and gamers alike.
It'll of course have a faster processor, like another SOC, with High Bandwidth Memory, 8GBs+ running at over 2TB/s for VRAM, built on die and the system will have Universal Memory, basically a multi-terabyte SSD that functions as both RAM and your HDD, giving developers at least a dedicated 200GBs of dedicated memory for games, running at a few hundred GB/s.
If Morpheus takes off then I would expect Sony to basically bring out an updated version, that can handle higher frame rates, with a faster refresh rate on the headset's panels and also a higher resolution, probably with better latency, but that's about it.
Sony has the perfect formula for a successful future in the console space, there's no reason why they would risk that by trying to mess with what actually works.
