I have played more games than I have ever played in the last 5 years than I ever did 15-20 years ago.
Nostalgia is a powerful thing....and yes, there is some bad practices compared to 20 years ago....but people dreamed of having this type of landscape.
Pre-COVID, every week seemed to have a major AAA release. This upcoming year seems to be the case as well.
And lets not forget indies. 20 years ago, indie games didn't exist. Now with the digital landscape, you can play 1000s of titles, some very unique, some not..
Also, game prices were still high back then. I remember paying about 60$ dollars for Orcina of Time. Now, just wait for a the 3000 sales from multiple digital fronts....Steam, Xbox have large sales right now....and its much easier now to find it then it was.
As for hardware, yeah, its more expensive in the 3-4 years...but 15 years ago, PC graphics were advancing a such a fast rate...that hardware couldn't keep up. A 3 year old graphics card was past its prime...now, that doesn't occur. I still use my 10 year PC with a 7 year old graphics card and its only been a few games released the past year that chug.
And yes, Game Pass is a sub....but pay about 200 bucks per year for it..yet play about 20 games to completion (or more)...and play at least 10-15 that I didn't because I didn't like them....yet before the sub, I would be out that money.