PS5 and Xbox Series X Pros and cons
Ps5
Pros: You get the PS5 exclusive games, A very interactive controller, Can play PS4 games, you can use VR, and You can play online with friends. (With annual purchase)
Cons: there is a paywall if you want to play games PS3 and later, If you put a ps3 or later disc in the PS5 it will reject it.
Xbox Series X
Pros: You can get games from The Xbox series X era to the original Xbox Era with no paywall. Like if you just wanted a few games from the original xbox or Xbox 360 era you can do that. You can put Xbox 360 and later discs in the Series X and most of them will be accepted. You can play with friends also. (With annual pass purchase.)
Cons: The controller looks barely updated, You need AA batteries for the controller, so far only there is no further plans to make unique accessories, also you have to buy a Expensive memory card if you ran out of storage. The portable Hard drives do not work on series X games but older games.
Would You Kindly?