After three jam-packed years filled with multiple peripherals, numerous updates, and hundreds of games, the PlayStation 5 has cemented itself as the most popular home console, with nearly double the units sold as the Xbox Series X and S. It may look a little bit different thanks to the 2023 Slim model revision, but today’s PS5 isn’t radically different from what came out three years ago: it’s still a weird-looking workhorse of a machine with a best-in-class controller, and it can more than hold its own when playing the most demanding games available today.

For the most part, you can put aside speed comparisons with the Xbox Series X. If the past few years of in-depth Performance Reviews of cross-platform games has taught us anything, it’s that both consoles are up to the task of running current games. The PS5 has an AMD Zen 2 CPU and RDNA 2 GPU, 16GB of GDDR6 RAM, Wi-Fi 6, and gigabit Ethernet, which keeps it competitive with the Xbox’s slightly higher specs. And if your TV can handle it, it supports Variable Refresh Rate to combat screen tearing, and some games offer the ability to run at 120 frames per second at the cost of resolution or graphics features like ray tracing. It’s even got 1440p support if you want to plug into a gaming monitor.

The newest model of PS5, officially called the PS5 Slim, packs all of those same features into a more compact, slimmer design that’s a lot nicer on the eyes than the bulky launch version. As a nice bonus, you get a slightly larger 1TB storage capacity, for 848GB of usable space – 181GB more than the launch version. That right there addresses two of our criticisms from the original version: it was huge, and didn’t have as much storage as the Xbox Series X.

You can fast-travel to nearly any point on the map in less than six seconds.

On that note, one of this generation’s most important upgrades is the switch from traditional hard drives to solid-state storage drives, or SSDs. That dramatically improves loading times across the board and enables games to load in new objects on the fly so you don’t get pop-in when, for example, swinging through New York in Spider-Man 2. The PS5’s SSD can read 5.5GB in just one second (which is, on paper, twice as fast as the Series X). In practical terms, that speed means you can fast-travel to nearly any point on the map in less than six seconds. After generations of reading tooltips and staring at splash screens, it’s pretty unreal how quickly some games load.