The PS5 supports PCIe 4.0 M.2 SSDs for "future storage expansion" - Sony Confirms

I prefer this over Xbox's route. Xbox is charging $220 for essentially a 1TB PCIe 3.0 x2 speed rated drive, when you could basically get a faster 1TB drive for half the price.

At least with letting consumers have more choice, they have the ability to get more storage for cheaper(potentially). Also worth noting that the Series X is reportedly only shipping with a usable 802GB capacity, which is lower than the (presumed after conversion) 825GB Sony SSD. So both will need them soon rather than later.

Only current downside for PS is that Sony has yet to certify any consumer SSDs that will be good to go inside the PS5. Pros and cons but if something were to go wrong, at least consumer ssds generally have long warranties.
 
I'd not consider the price untill Sony release info on which drives are compatible, if there's only 1 or 2 brands the prices will skyrocket, and end up costing the same as the console
 
I'd not consider the price untill Sony release info on which drives are compatible, if there's only 1 or 2 brands the prices will skyrocket, and end up costing the same as the console

Depends on stock. Currently only the 980 Pro can compete with the internal ssd. However Sony I believe previously said they will not be announcing any approved drives until after launch. Which is a stupid idea tbh. Some people may want it right away. No sense in waiting. If anything it gives consumers more confidence. On the other hand they may literally not have anything on the market that's fast enough. But they should say that anyways.
 
Well if it is only 980 pro 1TB is £200+ really doesn't make the Xbox price that bad, though obviously the PS5 idea will mean if you have a modern pc you can use the m.2 in your pc after you've got bored of the PS5
 
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