The true comparison is: there's no secret sauce, cloud or anything else which could make up for the raw power advantage of PS4. Even MS fans should know that.
That doesn't mean the console is doomed, we have seen weakest consoles to succeed already. By having a weaker (and more expensive) console, MS will have to offer good games, online service and promotions to compensate for. We still don't know how the raw power difference will translate to the actual game appearance, the only problem is if the different becomes really huge, maybe equal to the 40% value which is currently estimated.
Personally, I'd love to see WIIU resurrecting and xbox1 doing well too. Competition is what bring us good products. But if I had to bet all my money in a console, PS4 would be the chosen one.
