Update Official specs released already ! - Lets Speculate : Based on this Trailer, I can say the GPU and CPU as well as the price of the PS4 is ....

[PullusPardus]

I'm thinking its going to be lower priced actually, not high priced, Bluray became cheaper, RAM is cheap, and will be intergrated of course, Casing is all plastic dirt cheap, they MIGHT sell it at a loss, but minimal loss.