Sorry, but a lot wrong in this post. Your 720 vs 1080 sounds like your discrediting 1080 all together. Unless your a foot away it doesn't matter? So you believe that with movies as well?
The QC issues are minor Millions of PS4's have been sold. If you have 1% failure rate (a good rate), that's 20,000 bad units if they sell 2 million of them. The issue is overblown.
As for launch titles, I will agree the exclusive ones on the One are better. However the cross platform ones are better on the PS4.
You are an x-box player, so if you like the IPs they have, and XBL, then the better console for you is the One. However that's because of what you have invested in the ecosystem. The justifications you make in this post due to that being your console of choice is purly based on bias.
I'm not discrediting 1080p, if you have a large tv it will matter. People just tend to think a small tv running at 1080p makes it better than a tv of the same size running at 720p when the reality is it is almost impossible to tell a difference for a normal viewing distance. Like I said, if you have a large tv a ps4 might be preferable since games on it tend to run in a higher native resolution, but for a lot of people that isn't the case. When I'm watching a movie on small tvs it doesn't matter whether it is 720p or 1080p, it's all the same. The foot away part is a generalization, point being don't sit super close to your tv, although as tv size goes up, the distance where you can tell a difference between 720p and 1080p goes up. Generally if you are sitting within that range, being how close you need to be to your tv, you are sitting way too close to your tv so it shouldn't matter unless you are sitting too close to your tv. I stand by my argument.
The QC issues are a little overblown, although I don't trust statistics Sony throws out, that's personal though. I was referring more to the variety of issues opposed to Xbox one issues.
Cross platform titles just increase the number of people who are playing titles. It's cool if you can have a bigger audience playing games, but aren't you comparing apples to oranges a bit? Comparing the benefit of having better full games to the benefit of having games with a bigger audience. The majority of the time those benefits are marginal, unless you are dealing with a title that needs cross-platform support to survive. If cross-platform support is a bonus for you though, that's fine.
I am an xbox player. I wasn't always and I don't plan to always be. I used to have a ps2, then 360. Before that it was a n64. Right now I have an Xbox one, next year I'll also have a ps4. I mentioned that that me liking the Xbox one for having owned the 360 was personal, so I wouldn't expect others to like the Xbox one because I had the 360. Although if you are also a 360 player you may like a Xbox one for that reason. The same would apply for a ps3 player looking at the ps4. I like XBL because microsoft has been charging 60$/yr for the last 8 years while sony hasn't for PSN. Microsoft used a lot of that money improving XBL quality. I used voice chat as an example because I strongly feel voice is/was better on the 360 than the ps3. It is a subjective argument, but it seemed so much better that it was hard to neglect. Sony is just beginning to charge a mandatory rate for PSN, so my argument was that I felt safer going for XBL since it is more developed and invested in. I have no doubt that in the future PSN will improve greatly, but as of now I just like XBL more. I also admit that the argument isn't a big enough reason to not go for the ps4 since long-term, and to some degree short-term, I see PSN improving a lot, but it should be something to consider.
I might be a Xbox one player now, but that is only because I felt it had a better launch than the ps4 for reasons not just including QC. I think ps4 will be a better console to buy next year when more exclusives come out for it and PSN has been given some time and I do plan on buying it next year. A lot of my post was about whether you want to buy a console for now or a console for later. Like I said, a lot of deciding which console to jump on and when to jump on it depends on what features/benefits you personally value.
EDIT: Come to think of it there might be an exception to my 720p vs 1080p argument. If you are using a SUPER small tv (as in you need to sit within 1 or 2 ft of it) 1080p may look crisper than 720p. That's about the only exception though.