Personally I'm
Yeah, I bought the Series X purely for new hardware and existing library continuity. And I was going to buy it for those reasons regardless of launch games. Obviously launch games are still important, and PS5 undoubtedly has a distinct edge, but because of all the cross gen continuity on both systems, and because both systems offer significant user experience upgrades, I think this gen is one of the first where the console hardware has extremely high value on its own without even taking launch games into account.
I think the majority of Xbox owners are playing the long game here. MS loves to play the long game themselves, and their customers know it. Those who are trying to check off a bullet point because their console has some launch games, by all means! I'll tell you what I continued to buy into for the next generation. It's easy and has been said so many times before.
Gamepass. I think this goes without saying about the value that hasn't been said a thousand times, but downplayed into laughable concern about sustainment.
Prices. $70 games? Nah. I think I'll pass on that. Day 1 first party content for the price of a cheap subscription? Gib.
Studios. 23? Sure it'll take some time to churn out content, but when it does come, it'll be a waterfall of content. Can't wait. In the meantime, there's plenty of 3rd party offerings. ¯\_(ツ)_/¯
Generations. MS does believe in generations. They believe in maintaining generations and making sure past content has a chance to be upgraded with the times. Some games get an automatic boost, others might require some work to get enhanced. Again, if your deal is buying $70 remasters, by all means. I'll enjoy my poor man's remaster that'll cost me close to nothing.
All in all, it's going to be a very exciting time for Xbox gamers. Can't wait to continue reaping the benefits of the decisions MS has been making this entire generation into the next.