That timing makes sense and this gen lasting an extra year isn't what I'd like to happen but it'd be very understandable. Looking around there's a lot of negative reactions to this which is strange since all it is is an option for those who want to keep playing games at 4K, have better quality raytracing and keeping playing games at 60fps since more and more won't offer an option for that. By 2025 or 2026 big games won't exactly be running great on the PS5 and Series X so a PS5 Pro and Xbox Series whatever is needed to keep performance at a high quality on console.
Imagine what PC gamers feel like with a new middle finger releasing every year or so! 😁