A shame that the lead is so big, PS4 is not twice as good but MS is to blame here essentially. Too many 180's, no clear messaging for a very long time, useless Kinect and an overpriced console made the PS4 even more successful.
Of course this is subjective but in terms of games, the PS4 is not that much better, especially if you take a look at which games most people buy on both consoles. It's a race of having the right mind share and there is no competing with Sony for this generation.