It's the only possible direction in the short term unfortunately. If you can hold out perhaps 2 more years, more fabs may have time to come online, including at least one here in the us, which might finally keep up. If you really wanted/needed this, you wouldn't be having any second thoughts at this point. There's no light at the end of this tunnel yet, and yeah you are feeling the elevation go down with each passing day.
I agree this is the world we are in, but I always second guess and over research purchases. I am frugal to a fault. If it takes me 2 years, I will probably have just given up on gaming completely at that point. I am 80% there already since I am out of the habit now as it is. My current gaming PC is about 8 years old and I am using integrated graphics since my old GPU died. Financially it wouldn't be a hit since my PC build fund has only grown as I delay a new build every time a new game comes out I might be interested in only for it to end up being disappointing.