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Kind of. At best PS5 will be as powerful as today's high-end PCs. In two years time, it will be considered mid-range. Apart from 4k60fps capable machine, I don't think it will look like generational leap in terms of pure visuals. I'm more interested in what devs (especially 1st party) can do with utilizing that Ryzen CPU to its full potential. We could see some very impressive (or even never-seen-before) physics and environments. So it might not look like a leap, but it will most definitely feel like it.