I personally never buy consoles on launch because
1. The amount of games available for the PS4, Wii U, and Xbox One are going to be pretty limited for a few years because most developers are still fixed on making current gen games instead of taking a gamble developing something for the next gen consoles not everyone has.
2. I don't want another Xbox 360 launch to happen, in which a large amount of Xboxs ended up with the RROD. I don't know if that will happen with the next gen consoles.
3. The price is pretty steep at the moment. It's guaranteed that the price will drop in a few years, and in those few years the developers should have officially moved over to next gen, so it's two birds with one stone right there. Cheaper and more games.
I have two phantoms in my group for Okami HD available priced at $3.33 each.
Also to anyone interested, a new slew of Tales of Xillia costumes were released on the PSN store, most notably Leia, Milla, and Elize's Idolmaster outfits, Alvin's Kratos outfit (must have right there just for the battle music), Leia's Ferah outfit, and more.