Multiplatform will look the same on both. No different than this gen. It will come down to if you like MS exclusives or PS exclusives, any non gaming functions and price. So, most 360 fans will pick 720 and most PS3 fans will pick PS4.
sorry but i disagree with this .
There is no reason whatsoever that if the ps4 has more power than xbox 3 devellopers won't make use of it - why limit themselves?
not even ms parity law cant stop that from happening unless they have gone insane
say for example call of duty runs on ps4 at 60 FPS locked at 1080 with more particles and effects then xbox 3 who runs the game at 40- 60 fps at sub full hd with les particles and effects .
because of the difference between the two do you realy expect MS to say they that they refuse to put the game on xbox and therefore make the game ps4/pc only and lose millions of sales and casual marketshare to sony?
If that is the case . ms might as well put the gun to their heads right now .