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Sure, especially if as it seems the case, alot of PS5 games will offer 1080p performance mode.
XSX could also do so, but I'd imagine most who get top model will have 4K screens,
and as those don't seem available in smaller screens, dropping to 1080p would be poor experience.

What I'm not sure is how many additional sales MS might get from subscription installment/lease.
Seems reasonable for Sony to do so also, but they may not have all their cards ready for their offering.
Makes sense it would be PS5 exclusive (like their free offering atop PSPlus) ...could involve Epic too?