Well I think having a delayed release for the west isn't so bad, so it doesn't overlap with FFXV so fucking much. I mean there's 2weeks between the 2 so you might be done with P5 by the time FFXV rolls over, but not if you replay the game to max links and all that shit, most likely. Obviously not everyone is interested in XV or P5 either, but it seems kinda dumb to release both so close to each other. For us though, we get FFXV in september, then P5 probably in january or whatever, so should be fine.
Exciting year for JRPG fans though. Or well couple of years. Star Ocean, Final Fantasy, Persona and to a lesser extent Etrian Odyssey, a Kingdom Heart planned at some point in the future too, cool stuff.