Consoles aren't really a useful object. You can only play the heavily locked down titles the vendor approves for you, and nothing else. You have to pay a monthly subscription for the damn thing. And if you want to do anything at all than engage with the DRM lootbox subscription machine, no you don't.

With this you can use the console to do anything that a PC can do. Which is literally everything.

You could, for instance, play all of your old legally-backed-up games without paying for them yet again. You could run productivity software, or play literally any game that isn't blessed by Sony. It also doesn't try to extract money from you at every opportunity.