The Xbox One appears to be competitive with the PS4 spec wise. Its only problem is it is made by Mircosoft and uses all of Microsoft's money grabbing methods. That and the hundred dollar difference in price will kill it. As far as the PS4 is concerned I own a perfectly good PS3 and asa long as they continue to support it I see no reason to upgrade at this time. Was not overly impressed by the titles they previewed in their press conference tonight.