Yep, and if the PS4 has similar structure (eventhough they said they want to make it easier to understand, I'm expecting it to remain the same for some things) then it's gonna rock right from the start. The gap between PS3's and X360's exclusives concerning graphics keeps on widening (until Gears 3 maybe) even multiplat games (AC:B for example looks better than Fable 3) have better graphics than some X360 exclusives. The lack of first party support will be troublesome for Microsoft, Sony on the other hand can offer good games even without thrid party exclusives. The difference between thrid party exclusives and first party, is that first party are completely dedicated to the console, while third party are offently using multiplat engines, and are developing another game in parallel.
