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AMD announces a new budget sub-$200 mainstream AM4 CPU for PC Gaming, the Ryzen 7 5700
(www.tweaktown.com)
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Entry-level? I use a Ryzen 5 5600G coupled with a RX6600XT and I play most of my games at 1440p/120fps no problem. For heavier titles, it hovers around 70-90fps.
A Ryzen 7 5700 would be more than entry-level though. Low-cost on an well-capable gaming AMD build? Hell yes.
Kind of depends on how you interpret "entry level". It's debatable, but I'd personally consider your build a "budget" or "entry" build at this point, in late 2024. And that's coming from somebody who has a very similar setup (Ryzen 5 3600 and RX 6600).