7. Waiting Isnt A Bad Thing
If you stick with the current gen of consoles long enough, eventually you're going to find that the PS4 has dropped to a more affordable price, while a slim model with better hardware might be in the pipeline, too. No console ever releases straight away without its fair share of problems. Sony had to release several new versions of the PS3 after the infamous "Yellow Light of Death" fiasco which, by the way, still plagues the originally-released 40 GB consoles to this day. The PS4 and Xbox One will be doing very well for themselves if their consoles are released smoothly without the need for (costly) refinements. It's very likely both will be buggy and glitchy if the chronic overheating problems that blighted their predecessors is anything to go by. It makes good sense to wait a few months and stick with your PS3 and Xbox 360 until these invariable issues are resolved.