I think the update (hotfox 8) has made several things worse on PS5. Game seems to run worse overall

Ps5 render times have become pretty bad since hotfox#8 I'm currently in act 2, often times you'll be walking and seeing the floor loading, or speaking with an npc for a FEW seconds before textures fully load its quite immersion breaking now sadly.

Prior to the update you would see the textures load in sometimes but it was really really quick.

Adding to this, combat now has intermittent delay between when you attack and when the attacking animation occurs, often times you'll hear the attack go off and after a second you'll see your character actually attack. Wasn't doing this prior to update.