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johnlucas said:


They[Sony] shoulda never got caught up in this game of chicken with Microsoft. Microsoft played them.

John Lucas


 Truer words were never spoken.  I never understood why Sony who had never made a 'powerful' console before would suddenly feel like they had to come out with the MOST powerful system.  Answer: Microsoft fed them a lie, and they bought it. Hook, line and sinking fast.

Nintendo on the other hand saw the lie for what it was and called it, catching Microsoft in a bluff.

As for a PS4.  I think it may still happen.  Depends on how bad the loses are for the PS3. But I think going forward Sony will try to emulate their own successful strategies with PS1 & 2, without playing the competitors game, and probably follow Nintendo's business model (IE: Sell consoles at a profit).  

I predict this will be the last generation where 'power' is used as a selling feature.