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Name: Playstation 4
Launch Date: Q4 2012 - Q3 2013
Price: $USD299 - $399

Specs: Cell2 processor: It'll be about 4 times faster than the original.
Memory: 2GB DDR4 RAM
Storage: 500GB HDD
Media Bay: Slot loading Blu Ray Drive - fast enough that no installs are required. (Full Installs optional)
Controllers: DualSplit Controller - Pretty much a dual shock that can break apart - each section has it's own battery, force feed back motor and gyro sensor.
Console: Will be about the size of the PS2 but much more streamlined - It'll be the best looking hardware of he next generation.

More predictions:

- They will continue with their loss leading strategy but will only lose money for one year and have a clear plan of when to drop prices, just as Microsoft ahve done this generation.
- They will copy Nintendo's release strategy of being top heavy - i.e. thay will release most of their top tier titles in the first 2 years of launch to generate hardware sales quickly, they will delay this slightly however as to create more demand as the console is beginning to break even.
- They will include a pack in title that includes a movie about how to get the most out of the PS4. A game based on the systems strengths will also be in their.
- Games will support 1080p resolution at 60 FPS but some third party games will still be lower than this.
- Sony will again make a big mistake
- Killzone 3 will be a launch title and may be Wii's Twilight Princess, a port with improved features..