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From NeoGAF

Speaking of Larry Hyrb, it seems he took to Reddit (http://www.reddit.com/r/xboxone/comm...g_up_a/cc2nezu) to post that he agrees with Albert Penello about the Xbone's power vs. PS4. The thread Albert originally posted his comment in has been locked, but Albert basically said that the PS4 is not 30% more powerful. Lary Herb has now said the following

"As I said above, Albert is one of the most amazing people I work with - that's why I invited him on my podcast a few weeks ago. I jab him a bit about posting on 'GAF (fact: they would not approve my account of there) but he's smart and driven. He's also right: We have some of smartest programmers in the world working on Xbox One. I am very much looking forward to the next few months (and beyond) as the truth comes out."

Pretty interesting and bold statement. For reference here is Alberts original post 

"I’m not dismissing raw performance. I’m stating – as I have stated from the beginning – that the performance delta between the two platforms is not as great as the raw numbers lead the average consumer to believe. There are things about our system architecture not fully understood, and there are things about theirs as well, that bring the two systems into balance.People DO understand that Microsoft has some of the smartest graphics programmers IN THE WORLD. We CREATED DirectX, the standard API’s that everyone programs against. So while people laude Sony for their HW skills, do you really think we don’t know how to build a system optimized for maximizing graphics for programmers? Seriously? There is no way we’re giving up a 30%+ advantage to Sony. And ANYONE who has seen both systems running could say there are great looking games on both systems. If there was really huge performance difference – it would be obvious.

I’m not saying they haven’t built a good system – I’m merely saying that anyone who wants to die on their sword over this 30%+ power advantage are going to be fighting an uphill battle over the next 10 years…