I don't want an Xbox, but that doesn't mean I can't recognize that they have a better plan. At least it appears that way right now.
They actually have the very same plan. The basic idea behind Neo und Scorpio is basically the same: Offer a beefed up SKU with 4k capabilities which has to share its games library with the weaker predecessors.
There are only two major differences:
1) The amount of freedom / instructions what devs are allowed to do - and what not. Sony is much stricter in this regard than MS - given what we know so far
2) - And this is the important one - Sony chose the easy / cheap / fast solution: They basically offer the same console as before, just adapted some components. The only major difference seems to be the new GPU. While MS on the other hand had to develop a - more or less - complete new SKU, with a new CPU, a new memory solution, and so on.
It is obvious that those design decisions were a direct result of their predecessors' hardware designs. Basically, MS didn't have another choice than to "reinvent" XBOX, while Sony already had a solid foundation the could improve.
So, in the end, Sony will be able to offer a 4.x TF SKU within the next months. And for all we know they might offer it for a very competitive price as well.
MS on the other hand decided to go "all in" tech-wise while there were at it. They want to have the clearly most powerful console on the market, and in order to do so, they accepted that their main competitor will launch their product up to 12 months earlier - and cheaper of course. Well, I hope nobody here expects that Scorpio will cost the same as Neo...
Now, while I for one would have preferred Sony to go "all in" tech-wise like MS did, I have no doubt that on the long run Neo's price and time advantage will be much bigger assets than the additional power of Scorpio.
Not to forget, if Sony stays within this "new SKU every 3 years" schedule, Scorpio will not only have a short reign as the most powerful console, it will also give Sony a significant head start for the launch of the "true" next generation of consoles.