I think I will play Ninja Gaiden 2 for XSX, followed by Panzer Dragoon Orta. Also would be checking out Nier Automata, as I've never played Nier series before.
On PS5 - will most likely play what I'm still playing at that point on my PS4 Pro - depending on how well it performs. FF7 Remake / RE2 Remake / RE3 Remake maybe? Oh, I also recently bought Gravity Rush 2 - so I may install it on PS5, hopefully it would have better performance.
At this point, I don't have any specific title that interests me on purchasing it - Cyberpunk looks nice - so I will see which version performs the best between PS5 and XSX. Open world games aren't really my thing - (only one I truly enjoyed was BOTW).... I may check out Witcher 3 on Gamepass.
Right now, my interest lies with Game Pass and its offerings. I only played Yakuza 1-3 and Kenzan, so I may give the ones on Live (remastered Kiwami versions) a chance as well.