As a PS5 owner I would say no. The gen started off amazing, with Demon's Souls, Returnal, Rift Apart, Horizon FW and God of War Ragnarok (although I felt Ragnarok was a disappointment). The latter half though, have been rather dry. I have no interest in Spiderman 2, and Sonys focus on GaaS I feel is making their first party single player games taking a backseat. FF7 Rebirth and Stellar Blade looks very good so that's comfort at least. I'm also very disappointed in Sony for not doing anything with the Bloodborne IP (remaster, greenlighting a sequel etc).
I am happy with the PS5 though. It's Sonys best console to date. It's very well engineered, it's silent, has transformed my entire PS4 library into excellence, love the Dualsense and the amazing third party support. But I'm not gonna lie, Sony is starting to lose my interest, and over the past years I've been looking more into PC (and Xbox) and Nintendo to broaden my gaming. Sony's effort to transform Playstation into a premium brand with ridiculous pricing isn't sitting well with me. It's not that I'm cheap, I have no problems paying for my gaming, but Sony is charging way too hefty prices for what is offered in my opinion. They have become greedy and way too dominant in the industry.