Yes, it's time to buy a PS4, I actually bought the Playstation 4 the first week it came out so I have one of the first models that came out and still had no problems, also I have no regrets buying the console and very happy with the games I bought.
You can actually start off by buying GTA 5, which is actually the game I play the most, but there are other good games that you can play independently and all of the bugs consoles could've had are now gone because they fixed the PS4's if there were ever an issue. My PS4 has no issues and never had an issue yet and I bought it when it first came out. I think that the new 3.00 update is pretty cool and there is more stuff you can do and you can make communities and join communities and it's very easy to make a video from the PS4 and also, you can say goodbye to capture cards for good if you like acceptable quality game play and streaming is much MUCH easier now a days.
But at the end of the day, it's really up to you on what you want to do with your money, but from my perspective, go and get that PS4, it's worth it, and don't even think about getting an XBOX if you want a true next gen experience
Best regards,
SoNiiC :duck: