I really think the Xbox One has the better vision and execution this time around. Both consoles are a bit under-powered when it comes to hardware, but Microsoft has such an exciting vision of how this gen of consoles should be. It's a shame they were so violently bashed by the media for it.
ON XBOX'S 500GB HARDDRIVE AND STORAGE
I've seen complaints thrown around regarding Xbox One's 500 GB harddrive and the inability of user's to see how much of their harddrive they are using. I encourage everyone to read
this article, which briefly outlines the idea of unlimited cloud storage and automatic memory management, something I am very excited about and something I think is certainly the correct approach to next gen.
Also, I've downloaded one game, Forza Motorsport 5, from the online store, and I'm happy to say that I was able to start playing the game within a few minutes of starting to download it, which is really promising for the future of cloud storage and automatic memory management on the console.