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"While the game is loading, you get to watch a really nifty series of screens that completely catch you up on the DMC4 backstory. Think of it as compressing the last three 'seasons' into a single info blast, accompanied by some fantastic DMC artwork." 

"the PS3 version of the game has near-Super Nintendo speed load times. You'll be amazed how fast levels load, the virtually instantaneous transition from cut scenes to action and that you’re continuously playing the game, as opposed to staring at loading screens of a door opening every time you move from one room to the next."

http://arstechnica.com/journals/thumbs.ars/2008/02/05/capcom-dont-worry-the-5gb-devil-may-cry-install-is-worth-it 



Naughty Dog: "At Naughty Dog, we're pretty sure we should be able to see leaps between games on the PS3 that are even bigger than they were on the PS2."

PS3 vs 360 sales