"The games are what matters" seems like empty rhetoric to me.
I mean no shit they are, that doesn't have much to do with anything though, neither PS4 nor Xbox One are guaranteed to have a particularly superior line up, so we have to consider that an even ground for now.
However the console that costs 100$ more, having less power and a worse IQ, is something we can already attest.
More over, i seriously refuse to acknowledge the "just 720p is not a big deal", since as a PC gamer (for the last 2 years or so, the PC has been my main platform) i can definitely tell the difference between 720 and 1080, and not only 720p doesn't look good but actually makes some of the finer improvements we are, allegedly, going to get, not that relevant, since you won't be able to see details as well.