I am happy with my original physical media version.
I don't really care what it looks like, new one looks fine. I have never really particularly liked the look of the slim models, PS2 slim and PS4 slim were decently like their original. PSOne and PS3 slims were not good looking imo. But again, I usually don't care enough that I wouldn't purchase based on that. Interesting that it is neither cheaper nor called a slim. I wonder if they are going to release an even smaller named slim in a year or two or three alongside a PRO a few years before PS6. I imagine that a true slim would then be the digital one and the PRO would be the physical one.
Since they decided to make it actually shorter, I get why they didn't try to make the new ones compatible with replacement panels.
They might have talemetry that shows most people have their PS5 horizontal so they decided to include the horizontal bit and charge for the vertical stand. Not sure I like that overall since its not cheaper out of the gate and the digital (which I shun anyway on principle) is more expensive.











