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Ha! the same thing I always say.

(1) Beginning of the gen PS4 has better resolutions, frames per second and overall better stability.
(2) Middle of the gen, when 1080p and 60fps is easier to achieve on BOTH platforms. PS4 exclusives will shine showing the extra power.
(3) End of the generation PS4 will have longer legs.

In all cases PS4 is the clear winner.

PS4 No paywalls to basic features no other hardware paywalls like internet browser, streaming services & skype (add one guide, video capture, free to play games to the list for xbox)

Exclusives all generation unlike microsoft which proved they will rake in billions per year on XBL and then not deliver. Almost no exclusives the last 4 years in a row HALF IT'S LIFE

Free exclusive content on all the best multi platform games. Destiny, Watchdogs, Assassins Creed & Metal Gear. (this is not new, PS3 had it in almost all the best multi plats)

Huge free games via PS+

Exclusives not on PC