I agree it's coz of the subscription that they don't want to split the install base. At the same time it is a very pro consumer since it's not forcing you upgrade to a new hardware, you can upgrade after 2 years also when it has exclusives and you feel confident enough that the games are not being held back.
Looking at hellblade 2 , it looked shiny enough taking advantage of the new Xbox. I see no reason how a 12tf console will be held back in any ways. That's like saying a GTX 2080 is held back by a 1060 and as soon a new card release we should drop support of all the old ones 🤔.
All those people worried about games being held back will be the first one in the lines buying the next cod, a*s Creed or lou2 to play on the new console. I still remember how Sony milked all PS4 users by the last of us and all you could here that time was OMG what an upgrade 😂. That time non of the fanboys had a problem paying another 60$.
Let's wait and see what Sony does, coz dropping 120 million PS4 owners overnight won't be an easy decision for them.
Also majority of you are as it is going with the ps5 anyways so why the fake concern of Xbox 1st party being held back?