Nope the only way you can get enhanced games is if they were upgraded for PS5 as well, other than that it's like if you were playing on a PS4 with a PS5 controller

I do notice that ps4 games load faster on the ps5 tho

I thought running a ps4 game on a ps5 made them run better.
I know it did this with God of war, Elden Ring, GTA collection.... etc

That's why a good handfull of people buy the ps4 versions and run them on the ps5... cause sometimes the ps5 version is simply is too beefy for the ps5 itself

Ps5 has an ssd so they’ll load faster. Minimal graphics upgrade for ps4 games, not significant. You will see a noticeable Graphic upgrade for games remastered specifically for the ps5, but not ps4 games

Yes it does more so if the game has an unlocked frame rate

30fps games will run at a locked 30fps as opposed to having dips to 20-25 and games that are targeted for 60fps will most often be locked at this as well as things like better loading times, increased resolution etc.

I noticed a big difference with games like NFS: Hot Pursuit, UFC 4 and GoW to name a few

Yes and No, Sony doesn't make the effort to make it worthwhile in comparison. In some cases the difference between the two is equal. What i mean by this is that for both, the xb1 and ps4 games that ran an unlocked frame rate or struggled to maintain constant frames will run at full 60 frame rate or constant target the game originally was programmed for. Same for games that used variable resolution, those games will run full 4k at all times. They also benefit from quicker load times. So not too much of a difference really other than the games that struggled to run stable will run stable or better at all times.

So where do they differ? well xb1 BC games will have HDR apply to alot of BC games that didn't originally have them, such as KH3 and it looks wonderful on the series x. Xbox also uses smart delivery where alot of games that support it will upgrade to the series x version if available at no charge by default, most ps4 games do not do this and will run on ps4 configurations. XSX also has certain XB1 games that can run 60 or 120fps even if they weren't orginally programmed to do so (some might have to be enabled manually, you can look up a list of games that do this, it's called fps boost)

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Another bonus for xbox is that a number of orginal xbox and 360 games work and some of them also are able to run full 4k and or 60fps and HDR, when Sony does not offer native BC from the 360-PS3 generation at all.

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TLDR; Xbox does BC better and shows further commitment to game preservation than that of Playstation. Xbox may improve and add more features or games to the list while Sony has shown little to no interest in it.

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Well, even if the game isn't updated for current gen, running it on PS5 has stable frame rate advantage. I remember my base PS4 would struggle to give locked 30 in some demanding games.

It's nothing big but for example you can play Monster Hunter World in quality mode and 60 fps on PS5.

no they dont have the architecture or the cloud to enhance them.unless it says so it won't enhance them.which was a huge ball drop from Sony imho.its just another way to get money from the consumer

One game where the difference is really noticeable for me, those fights seem even more glorious when they’re running smooth!

Not sure why downvoted. Is true.

From One Spartan to another!

Yes it does