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Bofferbrauer2 said:

Also, don't forget that those enthusiasts who will upgrade mostly also sell their old console. A new new console for 499$ or an used Pro/X with almost the same visuals for 249$, what would you choose?

If PS5 and "Xbox Two" get full BC, of course many of them will do that.

And that is a good thing for several parties:

  • enthusiasts can upgrade to a new $499 PS5/Xbox Two for about $200 - $300 without losing access to their old games (that can increase the demand for the new consoles)
  • late adopters can get some sweet deals for a used PS4 Pro / Xbox One X ($200 - $300 depending on the model and condition)
  • less new PS4 and Xbox One X consoles have to be produced after their successors' launch -> good for the environment
It would only hurt the post-launch PS4 and Xbox One sales a bit, but since the money is made with software and not with aged hardware, Sony and Microsoft probably won't mind.