@bolded That remains to be seen. We know Series X will be a bit stronger without a doubt. However, devs keep talking about how crazy this SSD is for PS5. I want to see if devs will fully utilize the power of Series X, or will they go for the supposed easier development route for PS5. I said "supposed" because many devs have come out to say how easy the PS5 is to develop for. I don't know for sure, I'm just going by what was reported. None of us will know until the games come out.
I do agree with everything else you said though.
Well, PS5 will have faster load time that for certain, but in reality both consoles will have the benefit of a dedicated SSD drive. SSD doesn't help bridge the gap between other components meaning the third party games should run better on Xbox. Sony will benefit from having a weaker console in the long run since it gives its dedicated fan more reason to pick up a PS5 Pro in 3 years or for people to pay higher prices for the PS5 Pro that waited on upgrading from PS4.
Even though Microsoft is potentially going to lead next-gen with graphics that can't be the focus they need to take. Going toe to toe with Sony on graphics won't matter since Sony's exclusive at the moment are far superior to Microsoft's offering. So, Microsoft needs to keep taking a different approach that really sets them apart from Sony.
Microsoft All-access all-inclusive approach vs Sony's Next-Gen exclusive approach is really setting them in a different path to attract gamers, that might pay real dividends for Microsoft to recapture the ground they lost to Sony.