The only way PS4/X1 have bad libraries if you refuse to acknowledge cross gen titles.
More exclusives and ground breaking experiences would be better 100%, but this gen has actually gotten off to the most solid start in terms of quality games available for the systems. Theres just not as many jaw dropping standouts, there its taking slower but thing are looking to change starting with the Witcher 3 and Batman. Bloodborne if your in to that,