Sony PS5 Slim Disc Console with PS Plus Premium 24 Month Subscription with code

I don't know anything about Playstation but assuming £389 is a good price for the Slim Disc Console then the 24 month PlayStation Premium Plus would effectively cost £180 or £90 per year which is a 25% saving on the normal £119.99 per year. Thoughts?

Get more with PlayStation Plus Premium
Explore hundreds of titles in the Game Catalog and Classics Catalog, enjoy game streaming, game trials, online multiplayer, and more. Discover your next adventure from a huge library of PS4™ and PS5® games, from genre-defining blockbusters to innovative indies, with new games added regularly.
Jump straight into the action without waiting for games to download with streaming access to a wide range of PS4 games from the Game Catalogue, and hundreds of PS3, PS2 games and more from the Classics Catalogue.
Join your friends in online multiplayer and unleash the full potential of your favourite games’ online modes.

Slim Design
With PS5®, players get powerful gaming technology packed inside a sleek and compact console design.

1TB of Storage
Keep your favorite games ready and waiting for you to jump in and play with 1TB of SSD storage built in.

Ultra-High Speed SSD
Maximize your play sessions with near instant load times for installed PS5® games.

Integrated I/O
The custom integration of the PS5® console's systems lets creators pull data from the SSD so quickly that they can design games in ways never before possible.

Ray Tracing
Immerse yourself in worlds with a new level of realism as rays of light are individually simulated, creating true-to-life shadows and reflections in supported PS5® games.

4K-TV Gaming
Play your favorite PS5® games on your stunning 4K TV.

Up to 120fps with 120Hz output
Enjoy smooth and fluid high frame rate gameplay at up to 120fps for compatible games, with support for 120Hz output on 4K displays.

HDR Technology
With an HDR TV, supported PS5® games display an unbelievably vibrant and lifelike range of colors.

Tempest 3D AudioTech
Immerse yourself in soundscapes where it feels as if the sound comes from every direction. Your surroundings truly come alive with Tempest 3D AudioTech in supported games.

Haptic Feedback
Experience haptic feedback via the DualSense® wireless controller in select PS5® titles and feel the effects and impact of your in-game actions through dynamic sensory feedback.

Adaptive Triggers
Get to grips with immersive adaptive triggers, featuring dynamic resistance levels which simulate the physical impact of in-game activities in select PS5® games.

Includes ASTRO’S Playroom
Explore four worlds, each one showcasing innovative gameplay using the versatile features of the DualSense® wireless controller, in this game included for all PS5® console users.

Backwards Compatibility & Game Boost
The PS5® console can play over 4,000 PS4® games. With the Game Boost feature, you can even enjoy faster and smoother frame rates in some of the PS4® console’s greatest games.

Includes:
PlayStation®5 Slim Disc Edition Console, DualSense Wireless controller, 1TB SSD, Disc Drive, 2 Horizontal Stand Feet, HDMI® cable, AC power cord, USB cable, printed materials, ASTRO’s PLAYROOM (Pre-installed game), PlayStation Plus Premium 24-month subscription (redeemed using vouchers included on the PlayStation Store)