After reading a lot of responses (including here of course) to yesterday's XboxOne announcement I went and reviewed the current info on the PS4. What I read is that they both are similar in structure (though the PS4 has more raw power in flops (BTW, how silly are the tera-penta-Cthulu-flops? I mean really....a better word?)), the Xbox has more multimedia tie ins with the TV integration and the whole HDMI in. I do think the sharing aspect of the PS4 is pretty cool, like being able to jump into a shared game.
I would like to throw this out there regarding the used games thing that everyone is getting super upset over. Welcome to the new reality. For years publishers have been upset that they have been losing revenue to places like game stop. Now the PS4 and the XboxOne are setting things up to allow them to make up that money. I've looked around (at work so not a total, thorough searching), and see that Sony is doing a similar thing to MS.
With the game sharing, I'm concerned about both consoles if you want to share games with friends. Will you be able to do that via the social network? Or when you go to a buddy's place, you can sign into your PSN/XBL account and retrieve your games and codes? Better trust your friends, I guess... I want to see how that system plays out, and we just don't have enough information from either console to make any kind of informed decision.
I am still a fan of the XboxOne (being I really love my 360), and I'm bullish on the PS4. Fundamentally we need both consoles to be successful. I don't want a winner, I want fierce competition for quality software. Should I win the lottery (missed the $600m alas), I might buy both consoles in the future (because I have both 360 and PS3) because I too like the exclusives. I think we are still too early in the news/revelation cycle to even start making informed decisions. I would like to see more details about both consoles before I allow my comfy under armor underpants to get all twisted up.
I really can't wait to see what each brings at E3. Also, what the heck will Nintindo do? Lord knows having them around was good for development of both the 360 and PS3. Will they be able to recover? Or will they turn into a software company? Or will they come up with a compelling reason to actually think about buying a WiiU?