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Microsoft just released Halo. We can safely assume the next numbered halo will come 2 years from now maybe 3? I have a feeling microsoft will make Halo 2 HD a launch title next which imo could be a pretty good idea. That's really all I see microsoft have as a launch title, maybe even forza 5? And of course cod, assassins, etc. will be on there.

Sony has an opportunity to release a ton of AAA on launch day or at least in the launch window. They should go ahead and make the last guardian, if it still exists, a launch title for PS4. TLG should help sony have some momentum in japan. Sony should pressure polyphony to have GT6 ready by launch so sony could at least have europe on lock down. Killzone 4 should be a launch title and i think that can help move a few consoles in the US. Finally, sony should really try to convince SE to make FFV13, if it still exists, a ps4 launch title. Maybe even rename it to FF15. Maybe sony can pay SE 100 million to secure this deal? I don't know.

Sony is NOT in a bad position. At this point I think it is their job to shoot themselves in the foot which I fully expect them to do.