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mjk45 said:

One thing that has to be taken into account is this is the first time we have seen BC become a permanent feature so PS5 playing PS4 software has to factor in to how they look at PS4 going forward my thoughts are they will emphasise the benefits of PS5 BC to both old and new customers, lessening one of the attractions of buying a console late in its life cycle that being having access to a large library.

Not true... the PS2 was fully BC with the PS1.

The PS "one" went onto sell another 28M consoles through the period of 2000-2006.

At the end of the day though, its going to come down to price. f the cheapest PS4 you can buy is $299 while there is a PS5 on the market for $399, then the PS4 will have no legs.