True, but Legendary Edition was never meant to receive a native version for the consoles, it's marketed as a compilation of ME, ME2 and ME3, with over 40 DLC from all those games. Not to mention the fact that they did remaster and optimize it for 4K. And that's single player games, which came out in 2007, 2010 and 2012. They are not on-going MMO's like Elite Dangerous. And yes, EA, with all these taken into consideration, they still did it.
I bet a lot of PS5 players would like to play Elite in 4K even though at 30 FPS? For now, they cannot. Personally, I still appreciate what EA did even though they capitalize on nostalgia, but they did a good thing, not to say they included all that DLC content.
I will definitely wait for a price drop and I will get the Legendary Edition, as I loved all those game, even Andromeda which was a bit of a stretch from the previous iterations.
And all this while we still wait for a 4K version of Elite Dangerous; not saying it will never happen, but I am not holding my breath for now.