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it will come eventually due to low install base of X1 and people forget that fan base for insomniac is over at Playstation also whats the point of retaining an IP when you cant release it on other platform at best MS would have exclusive contract for first game and timed exclusive for second. But if successful this game will come out on PS4.

Although my theory is Insomniac R&C nexus team are working on a PS4 exclusive, it could be PS4 ratchet and clank to coincide with Ratchet movie coming out in 2015 or maybe a small R&C title like Quest for booty and new IP on which MS would have contractual obligation that for a year or so after SO release Insomniac should not reveal or discuss that they are working on a PS4 exclusive project