Sony announces PS4

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Whether you are a gamer or not, it was hard to miss the news yesterday that Sony finally unveiled the PS4 during it's NYC event.  Sony isn't letting all the secrets out of the bag just yet, but so far we know that the CPU is an x86 architecture, it has 8GB of unified high-speed memory (DDR5), a local HDD, and a "highly advanced" PC GPU with "remarkable longterm potential." 

Additionally, the new PS4 will also have a second chip for downloading and streaming games in the background, and a ton of social networking features. Sony also showed off it's new DualShock 4 Controller with a touchpad across it's face.  Unfortunately, the PS4 will not natively be backwards compatible with PS3 games, but you will have the ability to stream them from Playstation cloud.

Microsoft is expected to announced their next gen console the xbox720 later this year.