Current plan is buying one at launch. Been saving for months. I want to know the price on both and I want to see what new interface for the PS5 console will have, They need more options now for the PS4, PS Store needs an upgrade. Xbox is still going to be the same as my One X. So I'm more on the fence but I'm leaning towards the PS5. Current Gen has been more Xbox than PS4 for me, BC on Xbox is awesome. But lately I have been playing Sony exclusives that have been freaking amazing.
At the start of last gen, I waited in the rain in front of Best Buy to buy the Xbox One. I was so excited. But the system setup was awful, buggy and I had issues with game installs and having to delete and reinstall, wait another 40 minutes to play the game. I hated how the UI looked and worked. Half baked, It took a lot of wind out of my sails. I ended up getting the PS4 late in February 2014 for my birthday and the setup was so nice and fresh, love the PS start up and UI music, just the small things. But still the console was dry for the first two years. Both were, so I have the think about that as well. I'm excited for new consoles and I'm not, the Xbox One X has been fine. I think I would be happy to keep it around for a few years. I think picking up the PS5 at launch sounds better, just hope this gen will have a better start with having great games earlier in the gen.
I still want to see the games. Halo is looking awesome, what little we have seen and I can always play that on the One X. I think my days of shelving the old hardware and moving to new hardware day one are over.