Control and Resident Evil 2 Remake still look incredible and run well on fairly inexpensive hardware today. We don't need globally illuminated Unreal Engine 5 games with individually modeled nostril hairs on each character that require graphics cards with prices in the three digit range
Graphics should just be kept at late PS4 level for the foreseeable future to keep games as accessible as possible
I had the 360 version and at the time at least I didn't feel like I got short-changed. Obviously, the frame rate, draw distance, etc weren't the best and I knew the game could look much clearer but I still feel like I got the full experience.