We have quite impressive looking character models and faces already in Spiderman: Miles Morales already. Watch this Youtube clip and check in-game cutscene models at 20:00 (be warned tonnes of spoilers if you intend to play or read/watch Spiderman) or other less spoilerific videos of the game. But I idd!
Honestly those don't look much better than 8th gen models to me, they still appear quite plastic looking, like mannequins. The fact the game is based on a PS4 title probably has a lot to do with that. I want to see a game built fully from the ground up for PS5 or Series X, with no ties to last gen technology.
So far nothing really looks "next gen" to me.
Bet with Liquidlaser: I say PS5 and Xbox Series will sell more than 56 million combined by the end of 2023.