Microsoft are playing the long game and there is going to be some initial pain, as they are essentially trying to move to a Steam-like digital delivery service. So while everyone is looking at the negatives, the positive is that in the longer run game prices for XBOX One will fall to Steam level prices, you'll move to a disc-less library and you can access that library from anywhere.
People flipping out about 24 hour check-ins really confounds me, we are so connected these days. If we don't have an ADSL or WiFi network nearby we have 3G/4G mobile phones to fall back on. So I personally don't see it as big a problem as some make it out to be. I still had internet through a Cat5 cyclone!
Used games can be played, but they are restricting who can deal in used games, and its likely you'll have to pay for an online pass, much like EA introduced. There is no sharing of physical discs, but you can allow up to 10 people access to your own game library.
Microsoft revealed their hand early, so I do wonder how much Sony changed their philosophy with the PS4 prior to E3. The PS4 system itself has no DRM beyond the normal user account, and they've stated that they wont apply DRM to first party published games, however that won't be enforced upon third party published games. If EA or Ubisoft release a game that requires a permanent connection, or a check-in, with their servers, its likely to be a feature on both systems.
Personally myself I'm taking the wait & see approach. I've found as I've gotten older, video games interest me less and less, especially with the heavy handed obsession with story and emotions, over actual systemic design. I think the only games I've played in the last 6-8 months have been NHL 13, UFC Undisputed 3 and Grand Prix Legends. In a perfect world EA Sports games would be on PC and I wouldn't bother with either console.
That said I do find the XBOX One more intriguing, a lot of people are scoffing at it like Microsoft is on crazy pills, but this company is not stupid, this is a calculated risk to win publisher support, in the same way Blu-ray included a raft of DRM systems and region locking to win movie studio support over HD DVD. The PS4 is maintaining the status quo, essentially being an upgrrade for more of the same, and this is an easy sale because people don't like change. Microsoft are trying to take the next step in creating a device as essential for home entertainment as a TV.
Especially hearing rumors that their are hardware issues
Only issues I've heard is that the demo units at E3 were actually Windows 7 boxes
