Yeah, it is. Very.
Aw, hell. Years ago I umm'd and ahh'd (shocking, I know) about a new car. Do I go new M3, or used Ferrari? Nowadays, BTW, I wouldn't choose either but this was a while ago. The notion of the Ferrari did appeal, and I went as far as going to Maranello's for a chat and look/see. In the end, long-story-short, the Ferrari option was very shiny, but the M3 was shiny enough, a LOT cheaper (unless the Ferrari was rather old), far more reliable and likey to be hugely less hassle.
I feel a parallel.
Do I actually need even a 5900X / X570 / DDR4? Honestly, probably not. There's at least an element of "want" not need in it. Will 5900X / X570 / DDR4 be fast enough? Undoubtedly. But my logic is the 5900X etc is not that much more expensive than coming down a couple of notches (unlike the Ferrari to M3 saving), and my value v. cost sense says, "why not"?
But the 7000-series / DDR5 route? It'll no doubt up the cost yet again, the gains (subject to third-party independent testing) do look significant. I could indulge myself but, like I said, do I really even need the 5900X / DDR4 route? No. What worries me a bit more, and probably (today) stops me indulging in 7000 etc is the questionmark over the near-inevitable reliability issues over virtually any brand new tech, certainly of this leve of complexity. Even Intel had their issues with 12th Gen, and yeah, they'll get sorted but do I want to battle though that.
If I were doing this 12 months after actual launch, and the issues were nailed down, I might be tempted enough by the new and shiny but right now, I'm more concerned about avoiding potential hassle than even the extra cost.
There's another parallel. I remember, again some years back, debating the desirability of SSD's. The concensus was "much faster, inc booting, therefore better". My perspective was the boot speed is meaningless to me, because I'm not rebooting constantly, and turn PCs on at start-of-day, go make a cuppa, and by the time I get back, they're ready. Whether it took 2 minutes or 10 seconds doesn't matter (to me). Similarly, as much of my "work" then was in Word, running on HDs meant the HD was spinning idly about 95% of the time, whereas an SSD would be idle maybe 99.9% of it but either way, unless it could speed up my typing fingers, the "performance" difference was pretty moot.
I still feel that way, BTW, though the goalposts have moved. Much more of my "work" (hobby level) is sound and video and my PC? Yup, SSD all the way. But my main data storage is spinning rust in a NAS 'cos I'm not paying for 48TB of SSDs.
Truthfully, whether I'm going 500, 7000 or not at all depends on the day, time of day, whether I enjoyed lunch what the weather is doing, if there's a Y in the day, and however many tosses of a coin it takes to get the result I want in that moment. I'm capale of going "definitely 5000" to "definitely 7000" to "aw nuts, why bother" so fast it'd make your head spin. What I actually do probably depends on my mood once those independent tests are in, and on whether, when/if I decide to press "buy" a given option is actually in stock or not. Right now, I really couldn't call it for sure, but the smart move is the devil I know, the 5900X. Am I that smart, though?