The PS4 will be much more powerful than the Ps3. The difference however will be that it wont cost as much to make. Sony made the good long term business decision and made the console they wanted to extend the life of the system. The Ps4 will be much like the PS3 in terms of whats inside. BD will be there for sure but will be much faster, probably 4-8x drive. That will eliminate any excuse about a required HDD install for access speed. SSD drives will be cheaper and may see there way in, but I wouldn't be surprised to see a 500GB or 1TB drive since they are very cheap now. Ram will be increased to 1GB all XDR, maybe 2GB split with XDR and DDR4. The CEll will make a return but will be at a faster clock with more SPUs and will probably be accompanied by a second. I would say 18 SPUs at least. They may even just run all CELL like they planned for the PS3 now that everyone has a handle on programming for it.HDMI will be version 1.5 as 1.4 is already here and will support a higher resolution than 1080P since we will probably see a new resolution standard in the next 10 years. The best part about all the parts used, is they already spent the money on R&D and have driven the costs down.
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