After reading a few forums, there seems to be debates on which TV service is better.  I thought it would be good to see the opinions from the VGchartz community on which TV plan is the best or could be the best.  What are the pros and the cons

Micro-soft

What TV plans

Nope, MS is stuck with an outdated concept and required a cable box..  Sony beaing MS at their own game.

We still don't know hardly any details of Sony's service, but it has the potential to be exponentially greater than Microsofts.
Think about it from the perspective of someone who has a monthly cable bill, like I do.
Assuming sony launches with a competent selection of live tv networks- I have two choices

1) continue to pay that monthly fee and use the hdmi pass through so that I can change stations by talking to my tv with the Xbox One. OR
2) cut the cord and loose the large cable bill and embark on an internet streaming only live tv service through my PS4. Imagine if they allow A la cart options, I could select a basic channel lineup, espn, discovery, hbo, etc without having to pay for all the unnecessary fluff channels nobody cares about.

I have been waiting for something like this forever, it will also offer dvr capabilities through the app itself, all running from the PS4..amazing and kind of unprecedented- even a bit trailblazing.

Im sure it will take some time for sony to get all the different network contracts, but what we have been hearing about this is encouraging.

It's funny isn't It, how Microsofts whole catch is the tv integration and how it is the ONE box you need but in reality, it's an overlay onto your existing cable box which you still need.
Only Sony's solution with the PS4 will actually give you everything you need in ONE box.

I believe a lot of people forget that on the 360 it support Verizon FIOS, TWC, XFinity Time Warner and I believe a few others.  In other words you can download those apps and your 360 is now your cable box.  MS is doing the same thing with the X1 as I believe right now Verizon FIOS is supported.  

From what I can see, MS and Sony are going in opposite direction.  MS is looking to make the X1 the cable box for all cable providers while Sony is looking to be a cable type provider.  Sony service will be competiting with cable and content providers like Amazon, Hulu and Netflix.  MS is looking to partner with those companies and make the X1 a streaming service to those providers.

The HDMI in part is so that the X1 can support any cable provider weather or not they have a app.  The X1 TV Guide if done properly may allow MS to be able to show content from all apps in one central location thus making it very simple for users to just pick what they want to watch and the X1 load up the correct app and the content.

Personally I believe neither service actually competes with one another as they are very different in scope.   I do believe that Sony will have a harder time getting their IPTV going but since they are a content provider it will be interesting to see how they create this service, what will be available and the price.

lol exactly

Sony already owns a lot of TV and movie rights....that alone puts them in a better position IMO. Breaking bad FTW.

MS solution is not one, it is just a way to view your already existing cable through another  device, pretty pointless imo. Standard cable is on the decline.

Thats the advantage of being a content provider but what do you think Sony will do stop licensing those shows and movies to services like Hulu and Netflix to support their own service.  Trying to match Hulu and Netflix subscribers and also license content from other providers can get expensive.  I am definitely interested to see what type of service they can provide.

You do know that MS provide On Demand IPTV through cable apps on their service right.  In other words, the list I provided are apps you can download on your 360 today to turn your 360 into a cable box.  Verizon is already on the X1 and the apps that are currently supported on the 360 will arive on the X1 within the next 3 to 6 months, thus giving people the option of turning in their cable box and using the X1 as their cable box.  For the cable companies that have an app, you will not need to use your cable box and those apps already do live TV and On Demand.  I believe people are missing this point.