Has anyone read of an update on this matter?

I've not seen anything as yet!
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I've not seen anything. But Valve have now announced over 9000 games on Steam are now Steam Deck verified. Imagine any games console having a library of that size after 2 years.
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Imagine the storage space needed for it all....
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Good idea, I might upgrade again
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Large nVME devices have come down massively DC. - In fact, I don't have a single mechanical drive in my Main PC at all now.
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Solidstate is the only way to go for online storage. The speed difference with any nVME is so much compared to even a SATA SSD it would be silly not to at least have the boot drive and game install storage using it. But even an SATA SSD can breath new life into old hardware, such as a laptop not really being used for gaming.

But for offline storage mechanical drives do still offer the capacity far cheaper then solidstate can offer. 4TB nVMEs are still too expensive, although I've read they should soon be dropping in price. But 2TB ones are now at a great price, even Gen4. Which is an acceptible size for OS and software installs.
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PCIe 5 nVME's are now out. Unfortunately, they're not twice the speed of PCIe 4 as originally projected because they can't get the speed out of the current nand technology without some active cooling in place. This doesn't go into Mobo's for obvious reasons.
Corsair have gone for 10K Read & Write. Crucial apper to be pushing the envelope @ 12400 MB/s Read / 11800 MB/s write.

https://www.overclockers.co.uk/pc-co...-5-0-nvme-ssds

Interesting that Samsung & WD haven't jumped on the bandwagon yet?

But will PCIe 4 NVMe's come down? - Highly unlikely!
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Mad. I already through 7k was very fast. My PS5 when testing a Samsung 980 Pro reported 6800k, which is close to the estimated up to 7k. And that is near instant loading anything. 12.4k would be massive throughput. Imagine the advantage in video editing and post production, but for the extra speed I wouldn't be tempted if it needs active cooling as that adds noise and you need to allow for space for airflow. Gen4 is more than fast enough for the moment.
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I'm just loving the silence. No spinney things screaming their heads off @ 10,000 RPM (WD Raptors)
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That is true. Although there is always something about working in a large computer room with rows of them and the hum of all the fans and hdds.
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