The PS4 games look great, and I'm sure we'll see some very nifty stuff in the next few years.
But I can't help but view this as a Pyrrhic victory, for Sony and for the industry. I just think all this focus on horsepower is a mistake.
And I know many developers and publishes want all these things -- enhanced memory and GPU performance to name a couple -- but if they think that more RAM and faster applications will unlock the secret to video game greatness they're wrong.