I'm pretty shocked so many people are down on this announcement. I'm not a fanboy either way as I have owned at one point all of the consoles (yes, even Wii U), but I think IF Sony can keep their promises this generation they will have a better chance this generation at succeeding. This isn't E3, so I don't get why so many people feel let down from this event. Either way, I'm excited. I am one of the few who has enough bandwidth to be able to actually stream games, so if they can really pull that feature off I will be very pleased.
Notice how these "gamers" that are down on the conference only have XBL gamer tags or if they have a PSN one as well its really low (trophy count). Its confirmed that the PS4 will play used games but you have one Xbot playing with semantics on the first page to continue putting doubt on this "feature". Major Nelson had a really lame ass tweet about the PS4 not being shown, if he was so sure of HIS product why did he "attack" the most insignificant thing of last nights conference.
I avoided everything till last night and I was really pleased with the features shown, as for the games they look really good for 1st gen games on a system and with time still to go.