Xbox One exec says Sony PS4 tech specs are "meaningless", games more important

[Sensei]

Of course, there's the law of diminishing returns.

But still, it's not totally meaningless. More power is always better especially if the console still manages to be cheaper (which is the case with the PS4).

Some better graphic effects, some better textures, it always helps. And if the advantage translates into a frame per second advantage, then it's hand down the version worth picking...