NA is xbox1's only half chance to beat the ps4 in sales, I think sony are just trying to make sure that doesnt happen and the momentum stays with them by getting people hooked to PS+ and up and running on the store.
The europeans always get screwed so I dont think we will get any credit. 1 month music and PS+ subscriptions at best.

Its like pandora but you can play the songs when you want and theres no skip limit or adds. Think about all of itunes for a small monthly fee. Its pretty nice. Glad they are giving a month for free so more people can try it.

Yeah. PS+ is more like around 15-20 games when you start it. There are 7 free Vita games currently on EU PS+, no idea how many PS3 games. We get 5 new games every month - 2 on PS3, 2 on Vita and 1 on PS4.

I don't know what Pandora is either, sorry :) But I know what iTunes is at least ;) I hope this also comes to EU so I can try this thing out and see if I like it. Can I get an mp3 out of it and put it on my smartphone or can I only play the music from my PS/PC?

You have to use the music in sonys app. So no mp3 exports but they have phone apps ps3/4 vita and im not sure but they should have a pc app too. 
You can set up raido stations and play list.  Its worth it to me. 

You can use it in "offline" mode (with downloaded songs, afaik files only work with their app) on your smartphone for some weeks (not sure how long it was, but afaik longer than a week) without connecting to the service.

So if this is true and applies to each and every console box, then the PS4 price has just dropped to 390$? :D

Sounds interesting. Does having a Sony smartphone give me any kind of a benefit? ;)

So with $58 you can get 16 months of ps plus?

With $50 you can buy a 1 year membership plus 1 month free that came with the box= 13 months of plus
Add in: $8 dollars to your $10 psn credit and you get= 3 extra month
Total= 13+3= 16

yeah but if you want to unlock stuff earlier you can buy warframes or weapons and stuff like that...