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Mr_No said:
I feel like Microsoft's attempt to create buzz and hype behind this idea is somewhat working. I don't know how Sony will respond to this, and I honestly don't know about the netcode implication and issues that will arise from it. They are behind now, and any idea can be good to pull them out of the ditch. However, will people still see the PS4 as the go-to console? Which consoles they'll buy ultimately? They do need more ideas, but I don't think they got a viable one yet.

Correct me if I'm wrong, but wasn't Sony was thinking about this exact idea several years ago while the Xbox 360 dominated the market?

I seem to remember reading a few things that showed they had some interest in it last gen when they weren't the frontrunner.  From the perspective of the company "playing catch up" it is a great idea.  Sadly though, like MS last gen, Sony has no true incentive at the moment to say yes to it.