I would wait a while before building a new rig, especially if I was looking to go Intel. The 12 series use a lot of power and get really hot. This is gen1 of DDR5, and I usually give at least a generation or two for the manufacturers to get everything ironed out. Also, GPU availability is a mess.
I got a RTX3080Ti from EVGA because I was luckily paying attention when they opened the queues and was able to get in on launch day.
I put that in my new build with a 5900X, AMD Dark Hero, 32 GB 3800mhz RAM, 2TB NVMe, 2TB SSD and it has been a huge upgrade from the 4770/GTX 1060 I had been running.
PC gaming is always preferable for me just due to large community of modders. Also, with PC I only need to buy the PC version, not the Xbox One version and then the Xbox Series X version when I inevitably have to upgrade.