Will take this all with a HUGE grain of salt, but just playing pretend and commenting as if the rumors were indeed fact, I think I would very strongly consider not getting the next XBox. Easily 50% of the games I have played this generation were thanks to the second hand market, I use GameFly as a rental service. So not having the ability to play second hand games really is a very big deal breaker for me.
Also although I definitely used the 360 more the first couple of years this generation, for the past 2 years give or take I almost only use my PS3. I only have played Alan Wake, Black Ops 2, and Halo 4 on the 360. Everything else, and all of my movie watching etc., is done through the PS3. What it really comes down to for myself is I no longer game anywhere near what I used to,have finally realized that while owning both consoles is a privilege, and I am grateful for being able to do so, it is a bit silly since I hardly use either that much these days.
I still very well may purchase both consoles next generation, but if I do wind up only purchasing one, based on my experience this current generation, and these RUMORS thus far (in bold as just commenting on rumors, do not know if they are true), I would choose the PS4 if everything about both consoles we have heard so far winds up being true.
Agree with most of this and I'll add that I'm waiting to hear what online service both camps are going to run. I've enjoyed PSN - free - and there is no way I'm going back to a paid service like LIVE. If both have paid subs then I'll stick to PC.
Also, comparing this to what Steam does is not totally accurate. With Steam, once the code is entered I can go to offline mode. Sounds like the strategy for Xbox will be always connected, running a check every time?