The bandwith situation seems to favor the XSX over the PS5, dunno if it's the right call to say MS made the worse decision there. I think we had a thread on it.
The 20% TF figure advantage to XSX, that's considering the GPU is running at 2.23ghz then, besides that, DF mentioned in one of their videos that clock speeds dont gain as much as going wider. It also remains to be seen how much graphics an SSD can provide.
To call Sony made the better choice.... i dunno, i dont think either made a 'better' choice. They just had different visions and power standards from the beginning. A faster cpu, more powerfull GPU (2+TF of navi2 equals what, a PS4 Pro), higher BW to prevent bottlenecks like the Pro, a SSD solution that will be close. Audio is unknown really, they are both equipped with hardware 3d audio.