I agree with a lot of the posters here; the "all in one" position is exactly why I don't want to buy the console. I might be a bit different; being an Australian without the funds to grab Xbox Live at launch, virtually all of the console's major features simply will not work. No TV overlay, no voice commands, no streaming, no multi-media; the console would do nothing more than play games for me... because it's trying to be an "all in one" device.
Meanwhile, the Playstation 4 streams all of my multimedia and plays games, and because it's cheaper I can afford a year's subscription to Sony's online service. After all of that, it becomes my all in one device... by just being a games machine. I can't think of a single person I know who's not buying a PS4 this generation and skipping the Xbone entirely. And those same people all own Xbox 360s.
I'm so very interested in the situation six months post launch.