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Lets imagine that Microsofts becomes extremley sucessful with the Backwards Compatibility programm on the Xbox One. In a way that Sony has to react more than just PSnow which isnt even out yet in most of the world. Lets say they answer with a special PS4 Cell Model, basicley they put the PS3 CPU into the new PS4 as well as the 256mb XDR DRAM.

For the GPU the Jaguar APU would be used and the 8 GB GDDR5 ram for the PS3s 256 mb DDR3 ram (i think it would be easily to emulate the rest as the RSX is just an Nvidia GT 7800).

- The Price would be 450$ for this model as a standard PS4 would be 350$ at this point in time.

 

This new PS4 model would have 3 major features

- the PS4 Cell model would be 100% Backwards Compatible with all PS3 games. You could also stream and record footage and the PS3 games would run even better on this PS4 model dueto the Jaguar GPU being more powerfull than the RSX.

- the PS4 Cell could record gameplay footage up to 1 Hour and the quality would also be better. Cell PCIe cards were even sold for rendering Videos on PC back then which a lot of people dont know.

- and third, the extra Cell CPU would be used to improve some PS4 games. It would be similiar what Nvidia is doing by making exclusive deals with devolopers and adding effects being only possible on their hardware which was first called Physx and now Gameworks by Nvidia.

Sony could add extra graphics effects on their exclusives and third party agmes with making deals with them, they have quite the devolopers who could do that. For example the recentley released Batman AC has exclusive Nvidia graphics effects showing how it could look like on a PS4 Cell model.

Sony could do something similliar for a PS4 Cell model. And unlike with Nvidia it would be more justified dueto completley different Architecture of the Cell which PC and Xbox One wouldnt have.