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I haven't paid too much attention to the new consoles, but it's hard to forget Microsoft's initial plans for the console. Always online requirement, their stance on preowned/tradein games, etc. If I wanted a new console I would be going with the PS4.
Scott makes a good point about waiting though. I think both consoles have had some launch issues. Consoles buggy or not working + that kind of stuff. He's also correct in that the xbox probably fits into your needs better. It can replace your cable box among other random features (personally I'm not interested in much of that.)
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