I don't know if this was posted:
We talk to the two platform holders launching new consoles next month to hear why an upgrade is worth it.
www.gameinformer.com
"Still, most of your existing PlayStation 4 library will work on PS5 from day one. "We know our fans have invested a lot of time building their collection of PS4 games, so library portability is critically important," says Nishino. "
When you sign in to PS5 with your account, you will automatically see your library of played PS4 content through the menu. Approximately 99 percent of the thousands of PS4 titles, both catalog and newly published, will be playable on PS5, and we're excited about supporting our PlayStation community as they transition from PS4 to PS5 when they're ready."
I think some ppl are getting too worked up over the wifi transfer thing.
I was gonna post this in reference to the UI in another thread, but it might fit better here.