Finally a good question. We need to stop debating power and who will win, and just wait to see what happens. However hypatheticals are fun, and if the PS4 does dominate (Holds 60%+ of the market):
-I think we will see a ton more great PS exclusives.
-Xbox will stop making traditional consoles after the X1. (If they are not suicidal)
-PC gaming will have a massive renaissance near the end of this gen as MS focuses their Xbox money on keeping Steam OS at bay.
-I don't think Sony will get arrogant again for at least one more gen after the PS4. Their current leadership is too smart for that, and they learned their lesson.
-Hopefully someone like Google or Samsung will fill Xbox's semi-casual boots and bring real competion to Playstation while cornering their own market. As it stands MS has always been trying to steel Sony's market instead of creating a new one like the Wii did. I want 3 consoles that compete well and have a decent following, but that are also very different. Not another "Me-Too!" like Xbox or Windows phones...
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