Well, Xbox posted a lot of details on the 'internet connection required' and used games issues, and everybody is losing their mind online:
http://www.reddit.com/r/gaming/comments/1ftw2q/a_concise_list_of_the_all_the_problems_with_the/
I have to admit that I'm surprised they are going through with this, and I definitely am leaning towards PS4 at this point, unless they also pull some of this kind of crap.
I don't care about the constant internet connection stuff personally, but the lack of support of the used game market and reselling games is a big deal for me...I have a 2 year old and 1 year old, and I don't play games a ton any more. When I do, I tend to pick them up from Amazon Warehouse or Ebay for $20-30, beat them, then sell them right back to Amazon for usually pretty close to what I paid. Last time I paid $60 for a game was probably Skryim, which was well worth it, and I will probably be picking up The Last of Us on Ps3 next week, for $60. Also, it seems that most reports are saying that the PS4 is quite a bit more powerful than the Xbox One in the hardware department, which seems like it might have more staying more 5-10 years from now...
We'll see what happens at E3 next week, but Microsoft doesn't seem to be doing anything right at this point. One thing that could happen is Sony announces pretty much all of the same restrictions, then the focus shifts to PS4, and MS sneaks right past them and is the 'cool' choice again.
If you asked me 1 year ago if I'd be buying the next MS console or Sony console, I would have easily answered MS, but not now.