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""PlayStation 3 is really just hitting its stride. And technologically, I don't think it's possible to provide any advancement beyond what we have,""

I guess that he has price in mind when saying that. After 5 years of reducing manufacturing cost of PS3 they still dont offer it below 299$. At the moment, It would probably cost around 350$ for another company to manufacture a PS3. If I were Jack I would still be a bit cautious with statement like those, even if its not like them, Nintendo might sell below cost.

P.S.: gaming on 2000$ high end PC isnt THAT better looking then PS360, it does run flawlessly though. I do agree respectable PR shouldnt speak like this, but most of what he says does reflect the reality. I already knew neither Microsoft or Sony needed a new console.