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Microsoft is actually a great company overall IMO. Sure, they messed up from time to time, but as you said, right now they're doing an overall great job in all their areas.

With Xbox One, they messed up real bad ata first but they're doing an incredible job to earn their customer's trust back. I am not afraid of the One's future, I'm sure Microsoft will work really hard on producing top-quality games like Sunset Overdrive which mostly was a fun and enjoyable experience.

About Xbox One's power, well, I'm sure they have some very powerful secret sauce hidden, even if the Xbox One will forever be inferior to PS4 in raw power, let's not forget MS is a software company, and to be honest the only software company in existence that can do miracles on software alone, and proper optimization can really do miracles even if some people seems to constantly deny it. Remember kids, the important thing is not how many resources you have, but rather how well you know how to use them. And I'm pretty sure that Microsoft knows how to use them very well.