All of the ps4 exclusive demos they showed had superior particle effects and explosions to what I've seen to any PC title. Overall they graphically surpassed any games I can think bar Crysis 3. Its not really an issue though, If not at launch, a year down or so down the line we will see PC titles on high settings outpacing in even the best looking ps4 exclusives. Crytek are the only developers that really push PC tech in my opinion, at least graphically speaking. PC games will always have freedom to run better depending on you rig.
The graphical point isn't taking into account mods obviously. But there are so many out there you can't really account for them.
Edit: Oh I forgot about Battlefield and all other games made on frostbite 2







