haha one looks like a toaster

Yet the ps3 hasn't even peaked yet. PS3 is doing good but will continue to grow.

By 2014, much more possible.  I thought you said by next gen, which would be 3-4 years (2012-2013).  I guess I don't see why they would keep shrinking it, though, after the next gen starts.  Did they keep shrinking the PS2's chips after the PS3 launched?  And it wouldn't actually launch a Cell v2 at 11nm then.  Any new chip, especially one with that many added SPE's, will probably start at 45nm or 32nm at the smallest.  But again I'm mostly going by Intel since I'm a big PC enthusiast, so with IBM perhaps it would be different.

I thought Sony don't comment on rumors?

Now that they denied this...does that mean its true

I think it's way too early to even assume there will BE a PS4.

Correct me if I am wrong but most systems such as ps4 and ps5 have been in design for a while....i miss the old commercial with the ps9 globe in the kid's hand.....

Yes they have, the EE+GS chip is either 45nm or 32nm. Which explains the PS2 price cut. Cell v2 would probably be a cross-up in size. Some transistors could easily be at 11nm if Cell v1 is at 11nm. Its just the main cores would probably be upgraded to be at a higher performance so probably 45nm cores which are the most important part of the CPU anyways. Plus the socket would need to be upgraded due to a doubling or tripling of SPEs in similar fashion as Intel upgrading sockets to the larger LGA 1366 socket due to adding the other cores, features, and more pins.

Are you kidding me,  there will be a PS4, just like Nintendo will make another console and so will Microsoft.  

For PS5 is a little bit early (but some of its components could already be in their early stages, let's not forget that when Intel persuaded Compaq to kill Alpha, its next gen, Alpha 8, was almost ready for production, Alpha 9 was in the middle of its project and Alpha 10 was in its earliest stages) but PS4  is surely under development, just like they must be XB720 and Wii2 too.