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Depends on a variety of factors including price and backwards compatibility.

When I bought my PS4, I barely used it for years due to a lack of exclusive software I wanted, and lack of compatibility with PS3 software, and I don’t intend on making that mistake again.

If it has complete backwards compatibility with PS4 and can effectively double as a Playstation 4 Pro, I would definitely buy it on launch day...unless it’s $600, in which case I will feel inclined to wait.