I'm waiting it out.
I would have gotten a PS5 had the preorder thing been more transparent. But since I didn't, I'm not super upset about it. I will certainly get one at some point, but I'm not really interested in Demon's Souls, and Spidey is great, but I don't really wanna spend $70 on a shorter game, even if it does give me a reason to replay the original as well. So I am hoping that I can pick it up cheaper in the spring at some point.
Once more games start dropping later this month and into the new year, I will get more excited and end up getting one then. I think the first 'real' next gen title is oddly going to be Ratchet and Clank: Rift Apart and that's probably when I will take the plunge, assuming of course it drops before Horizon does.