re: How does the Xbox series S stand up to the PS5? I see I can get one for $250 at best buy

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The S is about equal to the PS4 Pro in terms of power.

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I'd agree with this. My daughter has a Series S and perfect for the games she likes to play such as Minecraft, Slime Rancher, etc. Doesn't really tax the system and she's playing in 1080p anyways.

The Series X I have in the living room is pretty close to my gaming PC rig in terms of visual fidelity on a 4K HDR TV and performance. It can actually keep the framerate up as compared to the Series S.

The PS5 is going to be much closer to the Series X in terms of performance.