They already added external HDD support
I'm happy. Just fix that cloud storage for multiple console owners and I'll never ask for another update!

Off Topic, but isn't your avatar that kid who went on a killing spree then shot himself years ago? 

"The kid"? I think you mean the Supreme Gentleman who redeemed his 8 years of suffering on the day of reckoning. 

That would be a huge improvement. Having 3 PS4's, the current cloud save managment is terrible. Also the available storage needs to increase. I am constantly having to shuffle stuff because I am pushing the limit. It would be really nice if Sony offered PS+ Platinum or something, and gave us 1TB for saves, Videos, Photos, and such. As I want nothing to do with Facebook, I would love being able to upload pics and videos to Play Memories. It could also give us the ability to back up to this service, and re-download if we wanted to edit content, or create videos of our expereince throughout the year. 

I hope you say that with a lot of sarcasm...

oh i'm being super duper serious

So nothing with PSNow? That seemed like a given based on the nature of the entey questionare.

It is still possible that there is some background stuff that will enhance the services side of things. Typically PlayStation Video, PlayStation Vue, PlayStation Music, Share Factory, the Media Player, and a other apps see updates just before or at the same time as the update. I am hoping this is the case with 5.0. 

I would really like to see PlayStation Music have full access to the library from the quick menu, and the full feature set available on the app itself. Share Factory getting cloud storage via Play Memories, and the ability to pull in and edit photos and videos uploaded via smartphone or camera would be a huge adtition as well. I would like to see the Media Player get support for 4K HDR content also. 

I would be blown away if even one of those happened to come true, but I do expect some sort of update to the services around launch at any rate.

I thought they normally hid major features even for beta testers? Though I wouldn't assume this update even brings any major features anyway xD

I thought it was. Rip avatar