Playing this on PS5 in performance mode and it feels amazing. Elden ring was my first Souls game which for me is 10/10. Then I played Sekiro and Bloodborne as well.
This game combines some of the components from those 3 and also introduces really cool new components like the dual world. The fights, weapons, spells and armor are awesome as well. I would definetely suggest this game to any Souls genre style players.
I have heard some people complaining about the performance issues. I am playing on performance mode and not on quality mode and so far everything feels good. Regarding multiplayer, I am not too much into that so can't really say.