Microsoft couldnt pay people to put their exclusive games on their consoles. Microsoft stopped majorly producing first party after the third year, not the fourth. The first three years of the 360's life were the only years where MS had semi-adequate first party. Most of their games were second party after that or paid to keep exclusive from Sony. They also ported games from PC to fill the exclusive void. Microsoft needed the lead because they knew Sony would catch up. World wide in Sonys first year with the PS3 they outsold the 360's first year. They were only behind by a year and caught up at the end. Sony dwindled Microsofts lead from a eight million console lead to two million and then MS brought out in the Kinect in 2010. The Kinect saved the Xbox 360's ass for the last two years and then it fell off and in 2013 Sony closed the gap. There was only so long Microsoft can run. They aren't that efficient with first party because their first party isnt great at all.

lol look at how many times microsoft changed course before the release of xbox one that alone makes your statement invalid.
How? Microsoft was at first very resistant to changing their policies until they were esentially forced to do so.

Companies change all the time if it looks like it will affect their bottom line microsoft is not immune from this, neither is sony or nintendo.  Console exclusive= only available on one home console.  People considered final fantasy 7 for playstation an exclusive back in the day despite the fact that it could be bought on pc.  For whatever reason once microsoft started getting console exclusives now it does not count because it's on pc.
Doesn't count because most of XB's non Halo/Gears/Forza exclusives are available on PC. FFVII was exclusive on PS1/PC, but most PS1/PS2/PS3 exclusives were only available on PS consoles.

Yes so you agree that microsoft destroying the monopoly sony had in the gaming industry was a good thing because it forced them to focus on first party games.
Competition makes better products. Yes I agree

I have high hopes for all of the consoles in general but make no mistake sony will rip you off just as quick as microsoft and so will nintendo. None of them are different in that regard.
Are you sure? Sony doesn't have a history of ripping people off. Even now, while some PS4 games require PS+ for online, many big games don't (e.g. Elder Scrolls Online and Destiny). Nintendo is much the same, you can used a Gamecube Power Adaptor on a NES and you can still order replacement parts for any Nintendo console.

And game quality has always been subjective in my instance the only ps4 exlcusive I have is infamous while I have killer instinct, forza 5, and ryse for xbox one so in my case xbox is ahead.
That's true, but Ryse is a 6/10 game on metacritic....It also furthur annoys me because it was suppose to be a 360 game. Why did MS abandon the 360 so fast? I mean PS3 still got GT6, TLoU, Beyond: Two Souls + 5 or 6 JRPG's.

I agree you may start to see some of the smaller japanese titles be exclusive but it won't be 8 to 10 since japan cares mostly about portables now and the japanese games that are most popular in the west final fantasy, metal gear solid, resident evil etc will always be multi platform for this generation.
Yea, but does this make smaller games like Ni No Kuni, Valkyria Chronicles, the whole Tales of series, Drakengard, etc not important? I know I bought my 360 when it was getting all the JRPG support it saw in 2007-2009, I'm sure many people like me will do the same for PS4.

Microsoft couldnt pay people to put their exclusive games on their consoles. Microsoft stopped majorly producing first party after the third year, not the fourth. The first three years of the 360's life were the only years where MS had semi-adequate first party. Most of their games were second party after that or paid to keep exclusive from Sony. They also ported games from PC to fill the exclusive void. Microsoft needed the lead because they knew Sony would catch up. World wide in Sonys first year with the PS3 they outsold the 360's first year. They were only behind by a year and caught up at the end. Sony dwindled Microsofts lead from a eight million console lead to two million and then MS brought out in the Kinect in 2010. The Kinect saved the Xbox 360's ass for the last two years and then it fell off and in 2013 Sony closed the gap. There was only so long Microsoft can run. They aren't that efficient with first party because their first party isnt great at all.

It's just Microsoft can't pay publishers to stay exclusive anymore. That's one of the biggest reasons the 360 stopped seeing so many exclusives after 2009. I don't see Microsoft expanding their 1st party lineup very much, I see them being very rigid (like Nintendo).

Sony on the other hand well Naughty Dog just made TLoU, Guerilla Games (Killzone) are already working on a new IP, Santa Monica (God of War) are introducing The Order, Evolution Studios (Motorstorm) is making Drive Club, etc....it's pretty much a guarentee that the PS4 will offer more then just sequels (although a GT7 would be more then appreciated).

Towards the end of last generation there were plenty of reports of Microsoft buying up and creating new studios what are they going to be doing with all the new staff if not making new game ips?

What did Microsoft do with Rare? Made shovelware.
What about Grounding Inc? Made a bad sequel. Who's to say they changed?

Nintendo gets a lot of flack for not expanding their 1st party lineup very much but they do create plenty of new ip's just off the top of my head some new ips for the wii were wii sports, xenoblade, pandora's tower, dynamic slash, the last story (nintendo owns the ip) etc.  The problem is most people don't buy the games and then they complain that nintendo just release mario, metroid, and zelda.

The Last Story and Pandora's Tower are not developed by Nintendo. XenoBlade and Wii Sports are awesome, but when was the last time Nintendo made a new character like Kirby or Samus? Most of Nintendo's bigger mascots appeared during the NES/SNES era's and since then (except for a few RPG's and Nintendo published games) there have been few new mascots.

You leave out before Naughty Dog released TLou they made 3 Uncharted games so in year 7 of the ps3 they finally released something new.  Before that they developed 4 crash bandicoot games for the ps1.  After spending the entire ps2, psp and ps3 generation focused on killzone Guerilla Games is finally making something new for ps4.  The same goes with Santa Monica after spending the entire ps2, psp and ps3 generation making God of War they are finally making something new.

Uncharted 1 released in 2007 (year 1 for PS3). So after 6 years of making Uncharted's they made a new IP. What did Bungie do after 6 years? They left Microsoft because they were done with Halo. What did Epic do after 7 years? They gave over Gears of War to Microsoft to move on. What else on 360 was a major IP?

Sure Santa Monica & Guerilla games took 2 gens to make a new IP, but at least they did it. 343 doesn't develop anything but Halo, Lionhead is the same with Fable and so is Rare with Kinect Sports.

So the trend seems to be that whatever new ip's sony introduce at the beginning of the gen are the same titles that we will see for most or the entire generation from those developers.  So we are going to see The Order 1-3, Drive Club 1-3, TLou Remaster and 2, Uncharted 4-6 etc based on their previous history.

NOW YOU GET IT! The 360 launched with a good variety of exclusive IP's (Perfect Dark, Kameo, PGR, Amped, Dead or Alive, Full Auto, Chromehounds, Prey, Dead Rising, N3, etc). Every single IP that released within 360's first year either went bust, or multiplatform. Then 360 launched a bunch of "timed exclusives" like Lost Planet and Elder Scrolls, so what does that say about XB1's 3rs party exclusives currently? Titanfall is already following a similar path to Mass Effect where 2 & 3 will be multiplatform.

Based off trends we can expect at least 1 AAA new IP every year for the PS4. Be it Demon Souls, Valkyria Chronicles, Heavy Rain, The Last of Us or InFamous. None of these new IP's were known when PS3 released. Plus we can also expect PS4's lineup to get better and better where XB1 gets worse and worse.

This is why I told you that you can only assume Microsoft will do the same thing they did before at best. You can't assume they are going to change. Like XB1 the 360 started off with a good list of games and now look at it.

GT7 is definitely going to happen since GT is their billion dollar ip and millions will be buy it when it's released myself included.  Yes Sony does a good job of creating new Ips and they may be the best at it but they aren't way above the other companies in this regard.
History says otherwise. When was the last time Microsoft developed a new IP (not Kinect related)? I'll tell you when, it was 8 years ago with Viva Pinyata. Microsoft stopped making new IP's only 2 short years after the 360 released.

P.S. Just wanted to point out a funny trend. I bought all my PS consoles because of GT, and I bought my only XB console (the 360) because of Forza.