Sony: PSN games won't transfer to the PS4, nor will your game saves

[The Fury]

I haven't bought much from PSN except 2 of the best games on PS3, Stardust HD and WipeOut, but i haven't played either in a while. But this is surely no different to now as I can't play PS2 games on my PS3.

Although this whole cloud thing does concern me, I own a fair few PS1 and PS2 games in disc form, I'd prefer not to have to buy them again just to play them on PS4. PS1 emulation is probably easy though, so no worries about playing them, I'm sure.