Oh boy, do I disagree. It looks really rough on PS4 right now.
Yes, they've added a lot of new shiny shaders and textures, but now it looks like a misguided mod that tried to make a heavily stylized game look "realistic." Everything looks oversaturated, overly contrasted AND overexposed.
There are so many issues with the way ambient occlusion interacts with patches of grass (especially when viewed at any kind of angle), it makes the game look absolutely horrible.
This is my home planet before:
And after the patch:
I really wish I could revert it to the previous version.