Where is it ever said the S is an O/C? It simply has the hardware to allow 4K media, something that got discussed ad nauseum in another thread.
I'm glad that guy was finally shown wrong.
"4K" isn't just some chip you add.
http://bgr.com/2016/06/16/xbox-one-s-vs-xbox-one/
BGR said:
More than just a miniaturized Xbox One, the S model has slightly more processing power than the original in order to support High Dynamic Range (HDR) gaming. Its not quite 4K, but its a noticeable graphical improvements.
It's clocked a bit faster, a bit like how a SnapDragon 801 is a bin-sorted and overclocked SnapDragon 800.
Reports are now suggesting the cheaper $300 S model is being delayed, with the more expensive 2tb being the only S available at first. The cheaper models apparently are to be phased in after that, presumably so the kids needing to be the first one on the block to have one can be milked the hardest ala Founders Edition syndrome.
Also helps sell existing inventory.
The neo in all likelihood won't be inferior at all. I don't know where you guys are pulling that from. Sony never announced any specs. They can easily go to AMD and work out details that allow the neo to outperform the new Xbox.
Sony leads the market, they have yet to announce specs which is important to note because everyone is making blind assumptions about what the performance will be, they know what the competition has planned to boot. Microsoft has a bunch of titles coming that are not exclusives, you can play them on Windows 10. How you claim that is a win for Microsoft is beyond me.
Excuse me, but you're living in a bubble.
Sony needs UHD now. The Neo is MUCH further along because it was already being prepped for this year. Unlike Microsoft, they are also a consumer electronics company heavily invested in pushing 4K televisions and newly introduced UHD 4K BD players. That's the whole point of the PS4 Neo: Sony can't wait until the end of 2017.
Having not announced specs doesn't mean they can go back to the drawing board. It means that they can add a little bit here and there and choose a riskier target for performance/yields. Remember when MS tweaked the XBOX One's specs before release in response to the PS4 getting all the good press? It also prompted them to drop the online requirement. Those are the kinds of smaller changes Sony still has time for with the Neo.
The developers leaking the info are very familiar with Sony's logic, plans, and targets for the Neo. It'll likely be more powerful than the XBOX One S, but certainly significantly less than the 2017 XBOX One revamp (the primary subject of this thread). In case you are confused, yes, there are two upcoming XBOX One upgrades: one minor (S revision) and one major (unnamed 2017 revision).
It is not speculation to say that the Neo will not be as powerful as Microsoft's 2017 XBOX One upgrade. It's hard enough for Microsoft to hit that performance target in late 2017 and simple logic shows that Sony certainly isn't going to be pulling something better out of their hat this year to promote UHD. As people have explained, the chips to reach that level of performance simply will not exist by the time the PS4 Neo launches. They can't just tweak the Neo to eclipse the 2017 XBOX One without throwing the launch window out the window, which entirely defeats the purpose of the Neo. They aren't going to do that. If anything, it means Sony will have to ready a PS4 Neo^2 for 2017.