PS5 is good especially if you have a TV that supports 4k or higher and hdmi 2.1 (maybe VRR) for smoother gameplay and make most out of PS5s power. It should last over 5 years and even if sony release ps6 it well know for them to keep older gen running for years to come. In term of durability of ps5 I dont know what a 5 year PS5 looks like so I couldnt guarantee that but so far it looks promising.

Totally agree with this in my opinion.

Reccomend a 4k TV/monitor with HDMI 2.1 if you can. Pointless getting all that power from next gen if you only use half of it. It made hell of a difference from my 8 year old 1080p TV when I upgraded.