PS5 Pro is expected late 2024, with the PS6 expected 2028. If Microsoft is to try to keep pace, as someone who doesn’t have either console, it will be interesting to see if they also brand this as a mid-generation refresh or if they stick to their guns they’ve been touting for a while of being “beyond generations”.
Lackluster at best isn’t really accurate, most of their ports have been more than functional and usually get performance patches. Alot of these issues are also poor optimization more than anything which means alot of issues can often be brute forced with stronger rigs so it adds value to upgrading whenever its time for that.