After seeing the games and with the confidence I have in The Coalition, I'm starting to think the X is powerful enough to delivery visually stunning games for a couple more years, though personally I would welcome new hardware any time.
I realize it's a controversial thing around here, but I believe they have the first party teams to launch new hardware whenever they want and 2026 seems to be when they think the tech leap will be enough to justify it. If Sony brings a Pro out this year, that's a little longer than I would have recommended to be at a power deficit to PS, but maybe people are so locked into their respective ecosystems that it doesn't matter.
As for pricing: I think they are leaving some wiggle room for sales and until a PS5 Pro comes out at some great price I don't think they need to bother with price cuts just yet. Either the games/GP are going to sell the consoles or they're not. I think MS believes that growth in Series sales is mainly going to come from Xbox One owners that haven't upgraded and that they've shown enough great stuff to justify the leap into this generation. They can always reduce as needed before the holidays.
So If I saw things correctly:
2024: Hellblade 2, Indiana Jones, Avowed, FS 2024, CoD, Sea of Thieves Season 13, Starfield Shattered Space, S.T.A.L.K.E.R 2, Age of Mythology, Fallout 76 Skyline Valley, Diablo IV Vessel of Hatred
2025: Doom: DA, State of Decay 3, Fable, South of Midnight, CoD (probably), GaaS content
2026: Gears E-Day, Clockwork Revolution, Perfect Dark, CoD (probably), GaaS content
I'm sure we haven't seen everything yet either.