How we all know PS3 is one big mistake from Sony, it is expensive, many people dont buy this because its too expensive. PS3 is so expensive because it has Blu-Ray. So PS3 is powerful console, but Xbox 360 has better graphics and Xbox is cheaper. And PS2 is good console and cheap. PS3 has one big pluss it has free online playing, but if you wonna play with Xbox online you will need cost per it. They know what they did wrong on the PS3 and can fix that. They could also catch MS off guard here and beat the 720 or whatever to market.      First off, the PS2 is still going strong after the PS3 went on sale, to mostly mainstream buyers and the existing base of gamers there who continue to buy PS2 games. So this isn't a dead stop date by any means. Secondly, it means PS4 could be here sooner than we expect, even if David Reeves says "it's not on the horizon". By years. Because Sony's mantra was previously that the PS3 was a "10-year console".