Ironically, the argument can be made in the other direction. If FDev made a dedicated, optimized version of ED for my PS4 (with extras for the Pro), it could look better than it currently does. We've got Uncharted 4 and Horizons: Zero Dawn as examples. I'm not saying it would look as good as it can on a high-end PC, but it could look better. As I've told people in the past, my PS4 can show way more colors than beige.
But I understand why PC owners are angry. Upgrades should never be downgrades. Nor should FDev hamstring your graphics for the sake of us console owners. Nor should they need to. This has been my argument since day one. It wasn't until Vasea Azure's point about secret handshakes with Microsoft that caused me to stop and think, "Wait a minute, I can actually see that happening." And if that's the case, then that screws over PS4 owners, though to a lesser extent, as well..