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justinian said:
Is there a significant performance increase with the PS4 GDDR5 over Xbox 1's DDR3?

What I mean is would the difference be noticed in the real world?

Does this memory play a big part in the alleged "50 percent"?

I am no techy expert and most of the stuff I read about the whole thing left me more confused than when I started.

No, the 50% is just in comparing the GPUs.  The faster RAM is just icing on the cake, so to speak.