Microsoft had the more powerful hardware this generation with the Xbox one. More powerful doesn't mean shit. Microsoft might have backwards compatability but that's because they NEED it because they haven't had shit for exclusives since the 360, so of course they are going to brag about having it as it is the only selling point they have.We haven't really heard much good about it have we? No price yet, supposedly less powerful hardware, and iffy on backwards compatibility. It's just a feeling really. The situation seems exactly what happened to Microsoft. Had a great run with the 360, got complacent, then shit the bed for the Xbone.
Sony so far has put emphasis on the speed of their loading times and shown off a swath of upcoming exclusives for the system. Basically Sony is focusing on the future and Microsoft is stuck on their past.
If the PS5 turns out to not be backwards compatible, I don't think it'll end up being that big of a deal, because my launch PS4 still works perfectly well.