There is no benefit vs. PS4 for you the consumer. At all. Even Microsoft is unable to think of one.
Like you said, if not having to worry about discs is what you want, then the PS4 has PS+. Again, ZERO benefit to the consumer vs. PS4. Zero.
Microsoft reminds me of the music industry in the 00's with it's inability to handle piracy correctly.
This is a full blown disaster for them. Unless something changes I'll be shocked if Playstation doesn't blow them out of the water this gen. I'm talking like, PS2 vs. Xbox bad.
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