I know how you fell, I had exactly the same thoughts with the last generation until I bought a PS3 two years ago and got into it again, but now I want a PS4 so badly since Sony is focusing on Software again (or so it seems due to the mass presence of developers in the conference and the X86 architecture).
BTW, I also owned every console since VCS 2600 and Intellivision! Unfortunately, my daughter have no interest in games if they aren't for IOS. Ahhh maybe I'm too much of "Old School" to know when give up!
I'm sorry, but If there is anything this last gen has taught us is to stay away from launch model... Or you're forgetting about those random YLOD or RSOD? Not sure, but you're referring to PS3 Fat with BC? The PS2 emulation was poorly done, the YLOD risk just isn't worth It.
So basically Sony is going to make you have to pay just to rip your own audio CD's on your PS4. Now I'm really concerned upon what the full picture will be for PS4 by the time this system reaches release.
This may not be a big deal to others but it is to me since its a feature I've always appreciated. So far the way its looking, players will be still using their PS3's during the PS4's lifecycle just for features that were taken away or charged a certain fee to utilize on the new console.
I agree with staying away from launch model...besides i dont see anything really too groundbreaking in this new model other than the controller changes...it will be interesting to see how the games are in comparison. Right now i love my PS3 and that it is an "All in one" type of unit.