I’ve pretty much abandoned all the fairway woods for hybrids, but if YOU get results from the 5W why shouldn’t YOU use it.

As general advice for high handicappers (not the OP necessarily), the 5W is better choice than the 3W. A 3W off the tee is okay, but it’s too hard to hit on the fairway, IMO. For a VERY small sacrifice in distance (which is debatable if the 5W is more reliable) such a player would be MUCH better off with a 5W off the fairway (and IMO, even better off with a hybrid, in a lot of cases). If you can hit a fairway wood solidly and reliably, it can add up a lot of distance in your fairway game.

Off the tee, I don't think the hybrid has as much advantage over a wood. However, most people have to choose between a 5W and a hybrid to stay under the 14 club limit and so they pick the hybrid as it is more versatile, to them.