Would be nice too if they let me change my PSN name.

Why? Which name did you chose? And why are you unhappy about it now?

It doesn't matter. It's embarrassing that they still haven't allowed something that their competitor allowed last gen. No excuses. 

and MS doesnt allow to have multiple accounts on a single console where is the uproar there?

Wait. What? 

Unless you're talking about Share Play, I think this is incorrect.

Anyway, we could delve into " my console does this but your console does that" discussion but features aren't ever really the system seller. It's which console has the games you want to play. We all just want the perfect console and each one has strengths that we'd like to borrow.

it doesnt work the same way like on PS3 or PS4 making an account for each region

Oh.

I haven't tried but I think you're right. I thought you meant something else.

I'm interested. Please explain the benefits of creating an account for a different region.

For PS4: access to some games and demos not released for your own region. Sometimes better prices in other regions.

That's what I expected to hear.
Thing is you don't need to create multiple accounts on Xbox, since you can simply change the region of your console and then visit every Xbox store there is.
Or you could just use a browser. Any other benefit?