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They played it safe, they read the market and responded with a machine that does its job and made sure that games keep rolling in and kept the whole thing priced reasonably. Nothing special, their winning back the market has very little to do with the PS4 being some incredible, amazing machine and a lot to do with MS screwing themselves out of a proper chance before they even got to the gate and Nintendo making their biggest mistakes so far, by a mile.
The PS4 took no risks and played on the complacency of the industry and market, and it worked really well for them, but doesn't make for an earth-shattering gaming experience overall.

It's basically a PS3 with better hardware and a worse main controller, and I'm just fine with that, not over the moon.