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Soundwave said:

What's "within reason" though ... like if the PS5 was a 5 teraflop console instead of a 10 teraflop console, I think it would have some problems for sure as XBox Series X would have notably better performance probably in basically all the major 3rd party games across the board. 

If the PS5 was a 5TFLOP console it may still sell well in comparison to the Xbox. Nevermind the argument that TFLOPS aren't great indicators of the performance of a console and just gives us a very VERY vague idea. PS2 was 6.2GFLOPS whereas the original Xbox was 20GFLOPS and the GameCube was 9.2GFLOPS. The Wii was 12GFLOPS and the 360/PS3 were around 240/230GFLOPS. 

When I say "within reason" I mean something far more exaggerative. The Switch 2 probably wouldn't do well if it isn't a significant boost over the current model since the current model is only moderately more in power to consoles almost two decades old at this point.