Im still weighing options so heres another hypothetical.
I buy a new ps4, new psn. I have the psn recorded somewhere safe so I remember it haha. I buy a ps5 later when they arent $300 more expensive/only being available thru online orders.
I DO NOT transfer data from ps4 to ps5 due to lacking space/wiring to have both consoles plugged in. Now, if my ps5 uses the same psn, I can just redownload 14 from the playstation store and it'll be fine right?