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Zekkyou said:

One offers better servers, the other offers better value for money. That's how i see it ^^

While you are regarding PS+ as just a rental service, when people compare it to Live they are comparing Live as a whole to PS+ along with PSN (which is free), since with the inclusion of PS+ PSN costs about the same as Live.

PS4 vs Xbone will be a much better comparison for this. Right now things will probably turn out the same (PS+ better value for money, Live better servers), but we will have to wait and see.

I'll go with the better servers, and in that, there's better value for my money.