erm I THINK Killzone 3 would be a better release game then Resistance 2 but thats just me. The PS Quadro will be sexy. remember you heard it here first

Launch price. 300-350 pounds. Minimal loss per unit which will be made back from the sales of 2-3 games at the most. leaning towards 2 games though.

In my opinion it should cost sony hardly nothing to put 2gigs of mem in the ps3, i mean come on look how cheap it is for like memory now.

Sepcs. its specs will be high enough to play most games at 1080p 60fps. Keeps with some kind of CELL. 2gb of fast mem.

CPU:Cell,
MEM:2gig XDR,
MEDIA:blu ray 8x or 16x.
GPU:Custom graphics card. possibly onboard to save money if its high end enough.

Launch titles, or titles that will be out in the first few months. exclusive

PS network compilation disk
Eye: Motion (a game using ps eye tech do to various mini games, a lot more extensive then the ps eye games of today)
Eye: Pets
LBP 2
Legend of Dragoon
Motorstorm 3
Resistance 3 or 4

Some exclusive game, a new ip that takes full advantage of the motion controsl of the break apart dualshock controller.

the ps4 will be the console to try and bridge the casual and hardcore gamers

I think your launch lineup is way too stacked. No way they could get 3-4 AAA games at launch.

My Ideas (I haven't read any other post yet except OP):

Online - $40 fee. Much better service. Equal or greater than XBL.
Memory/SKU - Just one model which comes at 320 gig. BC with all Sony consoles.
Launch - Killzone 3, Ratchet & Clank.
Controller - Dualshock 4. Rumble + Improved motion sensing.
Price - Absolutely no more than $299.

I agree with most of what Puffy said,

Cell2

500GB hard drive

Blu-ray (capable of reading 400 GB)

2 GB of ram, but thats if it was released before 2012, if its released after maybe 3 or 4 GB of ram

launch price for North America $299.99, the PS1 and PS2's launch price was $300, Sony needs to go back to that.

New version of Home, lots of fun cool features.

Backwards compatibility with all Playstation games (even PSP)

Blu-ray, increase in ram and some version of the cell I would assume would be absolute certainties.

I'm not sure that they will give MS (or anybody) a year head start again though...

CPU: 2X CBE at 6.4 GHz 22nm process
GPU: Nvidia, ~700 MHz, 512 pipelines (probably high-end GTX3xx)
Unified memory: 4096 MB XDR2 RAM at 8 GHz, 128-192 bits data bus.
BD x12 (54 MB/s)

-- Released end of 2011
-- ~400 price tag at launch sold at minimal loss or at profit

One thing to consider is that the PSP and PS3 have (probably) been such a large disappointment for Sony, and a large portion of Sony’s management staff that was responsible for these systems is no longer working at Sony, so Sony could move in another direction in the next generation than the one people are used to.

One thing that could (potentially) be very bad for Sony is they could try to copy Nintendo’s success with the Wii without understanding why the Wii was successful. Now, I don’t want to speculate on what they would try to do but Sony has demonstrated a lack of understanding on why people like a lot of things when they try to emulate them. A fairly recent example of this is Playstation Home because, while it is an improvement in many ways over anything that has come before it, it doesn’t offer the functionality that Second Life or World of Warcraft do that make them so popular as virtual spaces.