As long as they can handle 4K60 for the whole generation that's fine. 4K120 is a pipe dream for another few years.
Same for me. Even though there's definitely a reason to like Xbox sex with gamepass and some good hardware, if you are getting only one console it should be PS5 for all of the exclusives unless Sony shits the bed with the hardware.I’ll be getting both since I have ultimate game pass until 2022. However, ps5 will come first and I may be holding off on series x for a bit unless they show games taking advantage of the specs, but also with that, good 1st party. Ps5 will have that automatically.