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SciFiBoy said:

Launch Price: no higher than £250
Media: Blu-Ray (anything else is pure stupidity)
Controller: Ship the console with Dualshock 4 and a Motion Sensetive controller, PS4 games should be compatible with either with a few designed soley for one or the other)
Launch Titles: Gran Turismo 6, Resistance 4, Uncharted 3, Little Big Planet: Evolved, New Exclusive IP and PSMotion (for new controller, compilation of fun mini games, ships with console)
Release Date: November 2012 makes sense, MS wont be more than a year ahead of this and Nintendo will probably be 2012 as well.

feel free to add your own ideas, but keep them REALISTIC

 

LOL @ GT6 being ready for launch. How long has GT5 taken?

They will not make a SonySports and bundle it with the console, it would be proclaiming that they are a gen behind Nintendo