The next generation gaming consoles (PS4 and Xbox One) will be coming out in a few weeks and anticipation and hype are building up massively for the new consoles. The graphics, gaming potential and power of these new consoles is undeniable and with the annoncement that both consoles will support used games (a major concession that Sony and Microsoft had to make if they expected people to flock to these consoles), hype for them is at an all time high.
However, whether you're planning to buy a PS4 or Xbox One, there are several reasons to wait before buying a console on Day 1 of release. First, the first generation or new release of any new technology will have a lot of bugs and problems that have to be worked out. For example, how many apps now support the original iPad (iPad 1). The original iPad was considered a genius product by Steve Jobs, but it was definetely lacking in several features including: no camera for Skype or Facetime, lackluster computing power and it was very bulky (especially when you look at the iPad 2,3,4). Also, remember the "Red Ring of Death," a problem that plagued many Xbox 360 owners? Only after all the bugs were worked out has the "Red Ring of Death" problem worked out.
Second, PS3 and Xbox 360 are already great gaming consoles that have a huge selection of games. While there are a large number of launch titles for both systems, they can't compare with the vast library you get for PS3 or Xbox 360 (and the games are a lot cheaper too). If you already own an Xbox 360 or a PS3, you already have a great gaming system that will still last a long time. Many people still own a PS2 and there are even still some new games being made for it, but they still work great and have great graphics and a huge, huge selection of games. Also, with the release of a new gaming system, the games for previous generation systems will go down and there will be more used games (as those who have to have the latest and the greatest gaming systems will be turning in and sellling their PS3, Xbox 360 games).
Third, the price will come down if you have patience and wait. After the inital hype wears off with the new systems, the price will come down and many times you can get some good game + game system bundles. For example, when PS3 intially came out it was very expensive for most and came with no games, but later on it fell in price and many times now you get the same system with 1-2 (or more) games included. Anyone who has bought games or movies knows, initially the price is set high but after a few months, the price goes down and/or you can get a good used copy of the movie or game.
Also, if you're not sure which system to get, it's a good idea to wait and see if a friend or family member buys it, try it out and see which one you like. See what kinds of games come out for both systems, which one you would feel more comfortable with and what you think might be a better investment. If you're going to pay hundreds of dollars for a gaming system, doesn't it make sense to research your decision and try it out?
Have fun gaming with the new systems, but in the mean time enjoy your current PS3 or Xbox 360 (or even original Xbox or PS2), you'll be glad you waited because you'll save a lot of money and still get to have the same fun experience with the new systems.
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