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Cobretti2 said:

hdd space is the weakness for me. hopefully a firmware fix addresses this so we can use externals to install games on.

The HDD can be easily replaced against another 2,5''-SATA one with more disc space and you don't lose your warranty.

Compatible 1.5 TB HDDs are already available, 2 TB will come soon, 3 - 4 TB in the next years.

Support for (cheap) external 3.5''-HDDs would be a great addition, but the lack is not a weakness of the PS4. Microsoft doesn't allow the changing of XBO-HDDs and WiiU has to live with the limited bandwith of USB2.0 for external drives... PS4 + XBO could reach much higher data rates if they eventually support external drives.