Basically, Naughty Dog used a really odd design language and they couldn't take anything forward from PS2 to PS3 and that was really tough for them
The PS4 is much easier to code for, so they should be able to adjust their engine to deal with it, especially as they will have had a hand in the design of the PS4.
It will save them some time, though I still wouldn't expect another ND game this year unfortunately