I'm kinda glad that I had to cancel my PS4 pre-order yesterday, I think I need to take a step back a wait to see how this all unfolds over the next couple of months.
Obviously the XOne and PS4 versions don't look as good as the PC version, although to be honest they're closer than I was expecting. I've got to keep reminding myself that (as seen with the 360 and PS3) games are going to gradually look better on next-gen consoles as time goes on. Give it a year (BF5? I dunno) and perhaps the next-gen versions will look identical to the PC version.
Am I right in saying that PS4/XOne vs PC now is closer than PS3/X360 was in 2005/6?
As for Xbox One vs PS4.. I'm not going to make any judgements until I see fair tests on the release versions. I don't understand half of the graphics related lingo being thrown around in this thread, I understand resolution and framerate but that's pretty much it - and I'm a Computer Science student.. how disappointing.