MS is in a "prove it" stage. Your console could be made of golden vaginas, but if mediocre ass Ninja Theory is your best studio then you're gonna continue to hold L's when it comes to games which is all that matters. Graphics will be fucking mindblowing on both machines. Its about the games.
Yep. This: a gazillion of times!
MS is making great strives towards having a good line up of first party studios. However, they are all kind of unproved so far. Minus Playground Games.
NT is a studio that made Enslaved (a really meh game), DmC (a terrible game) and Hellblade (an ok game with some interesting stuff, but that's it), none of those made a impact like a freaking Mario Odyssey or God of War.... I mean, selling a shit ton and winning prizes.
And now Halo and Gears, are games that used to be huge, but these days are more like of empty shells that different studios are trying to bring back to life...
In the end of days all that matters are the games. Nintendo and Sony have the edge, no matter personal opinions, MS is the underdog when it comes to games, even they know that.
I hope that in this next gen MS will make the right moves and have a great line of games. We all will win with that.