As a 360 owner (no PS3), I'm eagerly awaiting PS4 news much more than 720 news. I feel as though MS has burned a bridge this gen, as a core gamer. Sure they built up Forza, Halo and Gears - and money hatted some timed exclusive DLC - but what gaming series' have they fostered? What developers have they added to the fold? It's as if they wanted to claw their way into the living room, using gaming as a way to do that. Except now, they've lost focus on gaming.
They underutilized Rare, lost Bungie and missed out on Bioware, Epic owns Gears and is Apples pocket, Alan Wake was late and disappointing, They charge for things that should be standard use on Live (Netflix, YouTube, Browser)....
Whereas, watching from afar Sony tried to build and foster unique gaming properties: Last of Us, Infamous, Killzone, Uncharted, Journey, Flower, LBP, Sound Shapes, Heavy Rain/Beyond....sure, some of these are obscure artsy/fartsy things...but incentivized gaming services like + (instant game collection, discounts) seem way more worth $ than something like Live.
Admittedly, I'm a single player gamer - not much online - but Vita integration and Gaikai might end up as a neat feature, too.
After the stellar PS2 gen, Sony might have learned from something Vita/PS3 and every system has a third console curse, who knows....all I know is they need to come before MS.
I also have a hunch Last Guardian will be a launch PS4 game (hence it's mysterious disappearance and Sony being tight lipped on details)