I think it is pretty foolish of us/people to think that these cross-generational launch games are the benchmark for what the XBOX One and PS4 can do.
Have you seen the launch games of the 360 and PS3 from 2005/2006 compared to the games they've released in 2013?!
For example, remember when Madden 2006 came out for the 360 and it had nothing in it that the XBOX/PS2 versions had. I specifically remember people saying something like, "If this is next-gen why are elements missing in this game?" It was terrible. Remember how Call of Duty looked on the 360? Resistance looked terrible too (it was all dark brown and light gray) on the PS3's launch.
Both systems will be fine.
As I partly agree with you (most of these issues will be ironed out as the system gets updated, etc) , it's still comes to the fact that you have a BRAND new system come out in a 1080p AGE (it's known even by my grandmother if it's in 1080p, it's going to look awsome for the most part). Xbox pushed in the promos all the high end graphics and sound, as all the demos showed games that looked like WOW. AGAIN, we are in a 1080p age, this is what it is, this is what most people's TVs can do, this is what the video formats are doing. Xbox one and PS4 should be able to do this at a bear minium out of the box.
With the promos being show, with the games being pushed, you expect the launch titles to set some benchmarks for the system, No question on the 360/PS3 there was a few titles that really showed off what the systems can do.
I do think MOST of these issues will be resolved once the SDK's are finaized, devs have the systems in their hands (as they could not during most of the building of these games) and the systems are updated to make the OS's on them run smoother.
It still does not take away the fact that it does not look good for ANY of these systems that one of the top AAA games of the year is only 720p or gives a low framerate on systems like this...
THey are not even released, This should of been resolved MONTHS AGO, not a 3-4 weeks before the system is even released.