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There's not much incentive to upgrade from a PS4 to a PS4 P if a 4K HDTV isn't in the immediate future or already in the home, but if a consumer is in the market for a PS4, the only allure of the PS4 S is $100 savings, and even that's a bit of an * seeing as Sony is keeping the 500 GB HDD standard on the $299 SKU.

But the market accommodates a range of consumers. If you play less, don't install a lot of games at once, and want a PS4 at the lowest price, $299 it is.

$100 for the HDD upgrade and the significant hardware update makes the PS4 P a better deal at $399.