Yes it is, 400 is too good to be true price for a PS5. Even though you are looking at 2x price, PS5 is notebaly newer than xb1, 2013 vs 2020 release. So not only you are getting several times better and faster hardware, which is very notable during load times and general performance and graphics fidelity, you will get a generally less worn hardware 9 years vs 2 years. So it should last you longer, this is purely from casual play perpsective.

Also make sure 400 for PS5 is not a scam

400 for PS5 is too good to be true, 200 for xb1 is too pricey

Thats fair assessment. If game pass is ordered as well then the answer is definitely yes, but with just console and digital only games, I guess answer depends on how much you are willing to spend extra on those games

Tetris