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PSSR 2.0 is such a significant upgrade over 1.0, that I do have to wonder if the handheld is a PS5 lite type of situation but with PSSR 3.0 (and future upgrades) to really help get PS6 level graphics just without PS6 specific features.

But I would also agree that a PS5 lite handheld in of itself is not that exciting if you own a PS5 right now. But I suppose this depends on price point and hardware features. Either way, I think Sony hardware is going to be very exciting to see in the next few years.