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I like the following ideas from you guys:
1. BIG cpu using core technology
2. BIG gpu
3. Full backwards compatibility with PS3
4. Same online account for current PS3 users (keep all your purchased games, add ons, and trophies)
5. Blu Ray drive (BUT they need to upgrade the current blue ray drive quite a bit to stay ahead of the stand alone models that will be available by then). I agree with Solid Snake 4RD, that this will be Sony's cash cow, as the Blu Ray model takes over in video games, movies, and computing. If Sony is profitable, hopefully it will help out us, the consumers (maybe more Sony exclusives or timed exclusives of multiplatform games, etc).
6. I actually like the current Dual Shock 3 controller. As Wagram said, maybe improve the triggers. But Move will likely be included with PS4, right?
7. Paid PSN service for hard core gamers. They should keep a free service for more casual gamers. I don't think we'll have to wait until PS4 to see this one, though.

Also it will be important not to come out of the gate after Microsoft and Nintendo. It has proved very difficult to come back from a 5 million unit lead, especially when your console is full of high end tech and is very expensive.

Just my 2 cents.