Is the free upgrade permanent or time limited?

I don’t have a next gen console yet and not lucky enough to be able to buy one so far. So is the free upgrade a permanent offer or does it run out?

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It should be permanent.

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Keyword there is “should”. Alot of things “should” happen but don’t… Would like a for sure answer on this one

When ‘free’ has been a limited time offer in the past, it has been clearly stated as such in the official announcements (eg 5th BL2 DLC). The fact that no such limitation was announced means there is none.