This is not a surprise. The PlayStation 3, as impressive as it was, was not cheap to develop. Given the cell processor, the fact that it was a flagship for Blu-ray as a medium, and Sony wanting to come out first in hardware, Sony lost money even at the original $600 price tag (which was too expensive for most folks). As it is, the PlayStation 3 has not lived up to the legacy of the PlayStation 2.

Sony can't afford to dump that kind of money into the development of the next system, but as it is they don't have to. Microsoft's biggest advantage is a strong online presence, and Nintendo's is the greatest appeal to casual gamers. Sony will be better served by having a network that works, and a product that is more accessible, and accessibility is more about cost than anything.

But what do I know? I'm just an ordained minister who happens to play video games, and sometimes not even taking every third breath through a bong.

Read more.