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No, because we have no idea about these exclusives. 5-6 Kinect games, 5-6 Xbox Live games and 3-4 Full-fledged games doesn't really scare me just yet. Time will certainly tell but let's wait and see. The only thing that would 'scare me' from a Sony standpoint would be pricing. If they can significantly under-cut the PS4, I think they will make significant headway.

The problem Microsoft continually has and looks to continue to have is sustainability.  They don't have any developers with sustainability.  That's a problem.  Third parties are third parties.  Exclusives are ultimately what drives most purchases in the first place.