I too have decided to take some time to find the validity of how bad this issue is.
I just did detailed look through at the PS4 forums for people stating HW issues. I have seen a number of new accounts that literally post the exact same words in regards to the issues, this tells me that there is a minor level of trolling. I would estimate that about 60-70% of the quoted issues are real and so far I have only counted about 20 real people with issues. If the sales are in the millions this actually bodes pretty well for Sony and does seem a bit overblown in the media.
I do prefer Sony over MS but only because of the games I prefer to play are with Sony. I am not a fanboy. Hopefully this does not snowball like the RROD since I eventually plan on getting a PS4.
On anther note, the most common issues seem to be the PS4 randomly ejecting discs or not reading discs correctly. Sony so far is stating that the issue should be resolved by re-installing the 1.5 update or perhaps with a newer update in the works.
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