Well, i understand and agree with what he says, but it sounds to me he just got his feelings hurt by buying into the hype of watch dogs and destiny. You have to be patient and wait for the games that will make it worth it. Adecision he will regret once the new Fallout, mass effect or elder scrolls games debut. You need games that were pushing the previous hardware to its limits, to see a difference in the new ones. Even if graphics are not all the improvements, but gameplay with less or faster load times.

As someone who pre-ordered 6 months before release and bought on launch day, I'm going to agree with a lot of what was written in the article.

Usually, there isn't good reason for buying a console during its first year of availability, particularly if you are still fully invested in the previous generation console you would be supplementing it with. Presumably you'll still be using that old console until software support dries up, or you buy mainly multi platform games and not surprisingly, buy your new games only for the newer hardware.

Most people can wait a year or even more to play the handful of games really worth playing.

In a year or two from launch, odds are the console will cost less, those games really worth playing will be available at a significant discount, and the rest of the catalog of games will have filled in, giving the buyer more playing options.

So why buy one in the first year? There are still games available exclusive to each platform worth playing; anyone can play the waiting game if they can wait 5 or more years to pick up a new platform and save a few hundred bucks between the console and the initial batch of games. But, if the money isn't really an issue and one would rather experience something now rather than 2-5 years later something like the PS4 is only $400. Is it worth waiting until the second or even third year of release to save $100 off the MSRP? Not for everyone; not if you have more money than time.

Unlike the author of the Forbes article, I've already received about a years worth of entertainment from the PS4 even though I'm still using the PS3. It was only $400 and it's still the same price, which wouldn't matter to me if even it wasn't, since it's already been almost a year since I bought it.

Truth be told, if my PS4 was stolen or anything happened to it in a way that I couldn't send it back to SCEA for repair/refurb, I'd just buy another one that same day for $400 unless a hardware update or price drop was rumored to be right around the corner.

I think a lot of early adopters aren't really buying new platforms for the reason early adopters buy them and as a result, they have unrealistic expectations (what? only a first year of release catalog of games? insanity!) that can only lead to buyer's remorse and/or an unused new console.

And people still wonder why overall consoles sales are down year-to-year since 2009....

There are enough differences in the hardware and their features to justify the price (I like the built in screengrab/video recording, the feel of the DS4, the headphone jack and audio patch in, the faster load times, overall faster/smoother interface response, ability to run more than one app at a time, standby mode/charging among other things that just make the PS4 more enjoyable to use) vs. a $250 PS3 that even if I didn't already own multiples of, isn't going to be seeing the same level of software support in the future. 

And that's not even going into the graphics. For the record, those do matter to me; I built a gaming PC last generation to play multiplatform games on because I wanted the sharpest, smoothest running version for my money. 

But it's worth it to me. Obviously it's not to the Forbes writer. He can buy another one in 2 years if he choooses, maybe less when his XB360 is no longer receiving any new titles. It will be cheaper, it will have a full back catalog of games and there won't be any complaints. He's just not someone who should be an early adopter clearly. 

Most consumers are better off waiting until there are at least 2-3 games that they want to buy because they want to play them immediately. Buying for announced titles or games that may be more hype than delivery is not the smartest thing to do with one's money if that's an issue. 

Because even though there are a lot of early adopters for the PS4, it's nowhere near the general consumer hype that was created by the Wii. Millions of people who didn't play console games and never owned a console were suddenly playing Wii Sports. Same after the release of Wii Fit. 

his point is right, but he has a to narrow look at it, its not just gaming, but movies too.
im not sure if its a new or an old trend, books and other media had decades of boremdom 2 and decades of greatness. but thats all broken today because publishing a book is very easy and u can find good books for cheap(and buy good older books for cheap 2)

Self-centred article that is for the writer only, even if what he writes can relate to people. In previous generations the introduction of a console can at the progression of the technology industry (mainly storage), 4th to 5th CD, 5th to 6th DVD, 6th to 7th Blu-Ray/HD, 7th to 8th Online.

Just because he doesn't find value in it, doesn't mean it's not and helps the industry progress and grow else we will just be stuck. The car industry adapts and changes based on consumer needs and resources (fuels), if fuels were infinite, we'd still be driving cars like the 1980s when we thought we had endless resources and catalytic converters didn't exists with no computers in them.

Because this gen just started? Let's wait until 2016 to see how it compares to 2009. 

Couldn't agree more. 

Although I think part of his opinion is based upon the visual jump between the 7th and 8th gen being considerably less than the jump from the 6th to the 7th. But that should be a no-brainer given that in order to see the difference, consumers went from archaic CRT TVs to LCD or plasma screen HDTVs. 

Myself and a significant amount of people. It doesn't matter if you don't see it that way but a lot of people do which is still worrying.