I wonder if anyone is working on a fantasy console with PS3-level graphics. A lot of games on Steam today have retro aesthetics and aren’t very demanding. A game runtime that works on Linux, macOS, and Windows would solve portability and digital preservation.
PS3 graphics aren't that different from modern day graphics, just lower fidelity and the hardware was a bit quirky but other than that they didn't have any particular aesthetic; I don't think the PS2 had either. The PS1 did though, the weird texture shimmering that was reproduced in for example the Bloodborne demake [0] and subsequent Bloodborne Kart, which had to be rebranded to Nightmare Kart for copyright reasons. But that one's made in Unreal Engine 4, with a forum thread [1] saying the effect can be reproduced across multiple engines like UE4, Unity and Godot, using a shader.
* Even more platforms: Chrome OS, Meta Quest, Tesla cars, Xbox, smart fridges, etc. The web is unmatched in platform support and more importantly allows you to completely bypass the software distribution monopolies on all of them. Ship freely without anyone's permission!
I'm making a wasm runtime called Taca that has approximately low-end modern capabilities that can run in either web or a separate native player. https://github.com/contextfreeinfo/taca (I also made the intro video for WASM-4.)