i haven't ever used ps 5 but i've used cs2 and cs3 and i can tell you from experience using quickmask has been wayyyy better for me... a million times better :D to use:
1. open photo
2. dupicate layer
3. hit the "Q" key (you will see at the very VERY top of the screen will say quickmask mode)
4. using whatever appropriate brush size just start painting over the area you want to "cut out" ....it will be red (make sure you're at 100% opacity on the brush.
5. if you mess up you can use the eraser
6. when you finsish, hit the "Q" key again and it will show the selection
7. now... click the magnetic lasso tool and then just right click on the image and select "select inverse"
8. right click again and choose layer via copy (something like that)
9. now you will have that selection as a new layer and if there are rough edges or anything you can gently erase them
i hope this helps you and there are further steps for better precision but this is the basics of it :D
Just because YOU like it doesn't mean everone else will and just because everone ELSE likes it doesn't mean you should!