@ Benny 26,
Some interesting highlights:
"- Can't play MP3 files on the system without subscribing to Sony's "Music Unlimited" service. ($60 a year)"
A downside but who really cares? What household no longer has a BluRay player OR a DVD player that can play MP3 files? XB1 costs $100 more. For $100 savings, you can buy a BluRay player and play those MP3s
"- No audio or video analog output."
HDMI sends audio & video signal digitally. Analog video and sound on a modern console? Ya....why does this matter?
"- Can't hook up external HDDs/ not supported."
You can upgrade the HDD to any SATA II/III drive you want, including an SSD. That's something XB1 cannot do. I much prefer the option of throwing a 512GB SSD for $150 in 3 years from now than have an option for external HDD but no option to upgrade the main system drive!!
"- PS+ is mandatory for online gaming (although most of us already knew that was coming)"
Yup, bummer against the PC but PS+ provides more free games a month and costs $10 a year less than XBLG.
"- Can't play even simple audio CDs on the system/ not supported."
Same as MP3 point you made. The fraction of people who don't have a device that can play audio CDs in their living room is probably very limited. A $30 DVD player can accomplish the same.
"- No backward compatibility at all, not even PS1 games now."
This is not a negative. This is actually one of the major positives for PS4/XB1 generation.
(1) Moving to x86 CPU architecture is the future for consoles. This was necessary to move away from cost-expensive and inefficient customs CPU architectures like the CELL on PS3.
(2) Who buys a $400 console to play PS1/2/3 games? Seriously, just keep your PS3. Playing PS1/2 games is very difficult now since their sound and graphics are atrocious.
(3) Incorporating BC with an x86 CPU architecture and Unified shader GPUs automatically meant including Xbox 360 and PS3 hardware inside XB1/PS4. This would have increased costs, increased TDP, increased complexity (chance of failure). All that to play ancient games? No thanks. At least now with the move to x86 and Unified Shader GPUs, PS5/6 should be BC with PS4.
"- Blu-ray and DVD playback not possible out of the box. You must download a patch first."
This is just a nit-pick on your part. Who buys a console and does not do firmware/software updates?
Sure, compared to PC, PS4 is inferior but compared to XB1, PS4 has it beaten in nearly every category that matters.