Unfortunately my PS5 is updated and my mom uses it a lot for streaming since the TV in the living room is shitty and only have netflix and youtube. I'll stop updating it when we can move out and wait for an exploit, it could become a sick Steam Machine for me in the future.
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You could currently go and buy a PS5 off the shelf at a store, bring it home, and have ps1/2/3/4/psp/5/xbox/xbox360/switch/basically anything similar to those running faster than someone who bought a game with it and put the disc in would
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as someone still on a ps4: 
i've heard that linux can also be installed on the ps4, but i've heard that it runs like a pile of shit? (sorry for slightly going off topic)
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I got one a couple of weeks ago as soon as the relapse jailbreak dropped and I am so glad that I did.
Just this week alone there has been a hypervisor exploit found for consoles 13.60 and below and people have been booting every generation of PlayStation games from the disc, including PS1 with the use of a USB CD-ROM drive.
Things are moving so fast and it is great to see!
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Lmao, my dust-gathering PS5 about to become useful
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Anything under 13.60
If you've updated it since then, is there any hope of reverting back somehow?
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my stupid ass held off getting one for $400 new last year because i'm holding out for PS6 (or for the PC parts market to go back to normal) 
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Is there a place that has the lowdown on the exploit methods available? Like https://kindlemodding.org/ but for the PS5?
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