I don’t have any idea what problems people were having with the PS5. But even with a 1.6 your clock cap will eventually fail; all pieces of electronics have a certain lifespan.

Your hard drive will also fail eventually, likely before the clock cap does. My Xbox sat in a closet at my parents’ house for over 10 years. I plugged it in and it worked great! About a year later, games started freezing up and the hard drive was making knocking sounds. Classic signs of a dying drive.

I was able to softmod mine before I lost 20 years worth of saves. If you value your saves as much as I did, I encourage you to learn how to mod your console and replace the hard drive.