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They wont kill it off, but they deffinately should.

Not trying to start a flamewar, but PS1 and PS2 were consoles well known for lasting a long time, and the Playstation brand received much loving. The PS3 has destroyed most of this, and when the PS3 falls short of the 10 year mark (which it will, lets be honest), all goodwill towards the brand will be gone.