Are comment's like this really necessary, really?

Do you not understand? Rumors mean its confirmed, atleast thats how it seems to be on this site

Maybe they want to follow Nintendo like model with PS4.. have not so powerful machine and have profit on it from day 1. instead of launching extremely powerful machine at loss

I thought 2012/2013 was the time when it would be released.

Should keep PS3 going another few years after that aswell

Well of course it's in development.... so is MS and Nintendo's 8th gen systems...

i doubt it i say 2015 sounds better ill be pissed if it does that early

@The

I think it has more to do with where Sony is supposedly in its development cycle. This would be extraordinary, and in no way common. Yes consoles go into development almost to the day that the console they are replacing goes to market. However there is a methodical process about how it goes through the steps. According to this rumor Sony has gone from zero to beta in less then three years, and that is with on the fly redesigning of their current console.

That kind of radical development should, and if true probably will have serious drawbacks. Sony would have to bypass a number of quality checks, innovations, and will undoubtedly cause production issues. This would shape out to be very reckless indeed. For those saying backward compatible do not bank on that, and do not bank on it being a Cell based architecture. Sony would need fairly standard technology to even try to shoehorn a new console into full production in under two years.

I think everyone concedes that Sony needs to make it to market sooner, but this kind of development cycle would deliver a fairly poor quality product. They should at least try to split the difference. Even another six months can resolve the worst issues. No I am not liking this rumor at all. Sounds downright desperate, and that means its dangerous.

Yeah, as if. They are struggling to break even on the PS3.

...and so magically, they are going to double the specs, shrink the machine size by... 80% - and cut the cost to a fraction.

...and have it ready for distribution in 2 years?

I think not.

PS4 could not last ten years with this technology

wouldn't be surprised, the latest would be 2013, that 10 year plan of Sony is bs