Microsoft pushed back next Xbox reveal because it's not afraid of PS4?

[walsufnir]

theprof00 said:
This actually kinda implies that microsoft is aiming for a wii-like console.
If sony having amazing hardware didn't scare them, then that means they're not focused on hardware.

or they have hardware that is not far behind in performance. I don't see why ps4-hardware should scare anyone.