Your theory is understandable, but hardly definitive. Given Sony's openness with their hardware and implementation, and they public spelling out devs wanting lots of unified RAM, and gamer talk about the reservation, I would expect Sony to have said, "at the moment, because we're using cutting edge memory, we have to reserve a substantial amount of RAM from the console to give our developers the best platform to work with. When higher memory capacities become available, we can upgrade the development kits and free up much of this reserved RAM from the PS4. So you'll get great looking games at launch, and then, as devs grow to fit the system and require more RAM, we'll be able to provide that."
That's a clear, honest message that does Sony no harm. Whereas, "it's reserved for future stuff we can't really think of," tells us it's sitting idle. I suppose there's a chance that the RAM is reserved for development purposes but Sony don't want to promise that it'll be returned to devs in case they find a different use for the RAM later (not that there will be one, because several GBs of RAM is only good for massive content like digital editing...).
I can understand Sony not admitting to reserving memory for software development reasons, if true.
They would let themselves be open to accusations of conning the public. " I've paid for an 8GB console and you knew I could never use 3.5GB of it, why should I subsidise Sony and their software developers, I want my money back!" Etc etc etc. The fact this might be a short term issue wouldn't enter into it.
The next thing you know and it's consumer rights TV programs and newspaper articles.
Whereas if they say the memory is being reserved to allow future improvements and features for our valued customers, then I don't think there would be too many complaints.
Honesty is not always the best policy when the customer base can be so partisan.
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