There are a lot of complainers out there about bugs and this and that. My friend and I have both said this is one of the coolest games we've ever played. I'm playing it on PC with a 3 year old build and it's handling it without sweating. I've ran into bugs here and there, but nothing frustrating or problematic. I'm sure most of it will get patched soon enough.
I'm not a graphics junkie but this game is amazing. I've spent a lot of time exploring the world and I'm glad CDPRED was able to release the game still with all the Covid hurdles.
I can't speak to the problems people are having on older consoles. My advice would be to bite the bullet and upgrade to next gen if you want a next gen experience.