I’ve been the person to buy a console when there’s the killer game/feature worth upgrading for.
Historically I’ve bought the bundles with a few games just in time for the new launch of a new software.
I ended up with a PS2/GameCube/Wii, a PS3/Xbox360/WiiU and PS4/Xbox One/Switch. I don’t mind buying consoles to play a few games.
That moment just hasn’t happened this generation. I can still play most of the big exclusives on the last gen hardware anyways.
Is watching someone play the game the same as playing a game myself, absolutely not.
Can I get satisfaction and an understanding of a game I know I never would’ve played otherwise, yes.
I’m not going to put in enough hours to make it through difficult games like dark souls or Hollow Knight. But I’ll put a walkthrough on while I do work or chores so I can experience those games in some way.
I’m all for it, but it scratches a different kind of itch than playing a game does.