The lead had very little to do with the Cell’s complexity. Developers will develop for any system that will sell – no matter how complex.
360’s success was down to two things – release date and price. People were starving for a next-gen experience to take advantage of all those new, cheap HDTV’s, so Microsoft gave them one at an affordable price.
The 10% reservation isn’t just for potential Kinect interactions – it also handles the multitasking features of the XONE (Snap etc).
Retroactively reducing that down to 2%, without breaking existing software, is a massive undertaking which MS is currently hard at work on.
Again, not saying it will bring parity with the PS4, but it’s still a massive engineering feat nonetheless.
The update is widely rumoured to reduce the reserved dashboard/kinect overhead from 10% to ~2%. If that happens (which will be a massive engineering feat by Microsoft), yes there will be a performance bump. But if you think it’ll allow previously 720p games to catch up with the PS4’s counterpart, you’ll be sorely disappointed.
The PS4’s GPU is roughly 30%-40% faster than the XONE’s, yet graphically impressive games, like Tomb Raider, are barely managing 1080p/60fps on the PS4. An extra 8% ain’t gonna give the XONE parity.
The XONE SDK was rushed, that’s a well reported fact. DirectX11 needs a lot of fine tuning, MS needs to improve a lot of the clunky hypervisor code and better tools are being built to manage the eSRAM. That’s all great and we will see better performance squeezed out of the XONE as these updates roll out – but – none of that will make up for the extra raw horsepower of the PS4 (especially as the PS4 devkit will also improve over time, just not as much as the XONE).
He’s also prolific for shamelessly lying to the press in order to promote his studio. I wouldn’t take a word he says seriously.
Borderlands 3/BorderWorlds is most definitely in some stage of production.
If you invest in a company and then have reason to believe they mismanaged that investment – either out of incompetance or more nefarious reasons – you absolutely can (and usually, for tax/accounting reasons, must) try to sue them.
Now, whether or not 38 did mismanage the investment is a decision for people far more familiar with the case than any of us.