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megaman79 said:
But Cliff Bleszinski was fired, remind me again why UE4 is so important/relevant to next gen., especially considering most major companies are designing their own engines?

Batman Arkham series
Bioshock series
Borderlands series
Bulletstorm
Dishonored
Devil May Cry
Enslaved
Injustice
Mass Effect series
Mirror's Edge
Mortal Kombat
Spec Ops
Star Wars 1313
Tom Clancy's Rainbow Six series
Tom Clancy's Splinter Cell series
Transformers series
Unreal Tournament 3
XCOM series

to name the important multiplatform games based on Unreal Engine.
Obviously you can scratch the EA games, but they will run on Frostbite so those will most likely not arrive on WiiU either.

UE3 and now UE4 are cheap and that's why developers use it. I think licensing UE3 for a game costed about $1m. Hilariously cheap compared to creating your own engine from the ground up.