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It's less clutter in the living room area, which is nice.

Some people are also limited in the amount of HDMI/Component cords they can use.

Overall it's just more convenient, but not a deal breaker or anything in my opinion. Also if you were switching from Wii/WiiU/360 to PS4 it would have been a nice bonus to have access at PS3's game library too. I'm not too confident Gaikai can accomplish that task just yet.