Runa216 on 29 October 2021
I think I finally got my answers. On PS4 the handful of mods are added free of charge, and then the Ps5 version - which is free to upgrade from my PS4 version - comes with all the existing creation club add-ons and a handful more.
I only try to clarify because it sounded like, leading up to this, that only the 4 mods (Rare Curios, Saints and Seducers, Survival, and Fishing) would be free with the upgrade, and that only the 'base' game would get a free upgrade, leaving it open to make us re-pay for the 500 creation club additions. It sounds like that's not the case, though. Fortunately, I already have all the creation club content already so no worries.
My Console Library:
PS5, Switch, XSX
PS4, PS3, PS2, PS1, WiiU, Wii, GCN, N64 SNES, XBO, 360
3DS, DS, GBA, Vita, PSP, Android