I’m not one for early adopting anyway ** (last time I bought a console anywhere near its launch was the GBA SP), so I’m perfectly content to wait a few years and see how things play out. If Xbox continues to push digital gaming (and it will), then I doubt it will be a credible competitor to the PS5 for my money, but even the latter I suspect will have less physical media (excluding BC) than its predecessor.
Meanwhile, I maintain (despite many good arguments to the contrary) that this next generation will be the final one that involves physical media, and once that goes, so does my interest in anything other than retro.
** slightly hypocritical....I don’t yet own a Switch but have already amassed 86 games, lol