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LordTheNightKnight said:

They'd release a PS4 even if the PS3 was a third lightning strike. Competition would still be around, and they could top the PS3's design easily in 5 years. It's not as though Sony could stop others from putting a more powerful Cell or faster blu-ray drive in their systems, should those components take off.


I fully believe they plan to launch a new console in late 2012 (+/- 1 year).  



To Each Man, Responsibility