Sony has announced a new patch for the PS4 is incoming soon and will allow users to turn off HDCP to allow external game capture devices via HDMI and a video editor by pressing the share button.
On the European PlayStation Blog, Sony announced that they have fast tracked allowing gamers to use their external game capture devices as well as saving captured video to an external USB per customer requests. In addition, they will be adding a suite of editing tools to allow gamers to customize their video clips to a personality to the user's favorite gaming moments. "We recognise that some gamers want to record and share longer clips of their gameplay sessions," it said, "and we’re excited to deliver this option with PS4."
Furthermore, Sony has stated that they are working with Twitch and Ustream to allow archived gameplay sessions at 720p. It's definitely a step in the right direction. Fingers crossed the user interface gets a tweak considering how good the Xbox One's UI looks.
Excited? We are. We will now be able to add more video content to you in a quicker fashion and that in itself makes us happy.