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Sony Confirms PSN Purchases will not Transfer to PS4
Keri "Pwny" Honea
08:05 am EDT @ February 21st, 2013

According to Engadget, Sony Worldwide Studios president Shuhei Yoshida has confirmed that PSN game purchases will not be able to be transferred to the PS4. Last night during their press conference, Sony already said that the PS4 would not have backwards compatibility with PS3 games, but they also said that they were working on a way to use their Gaikai Cloud service to stream PSOne, PS2, and even PS3 games in the future, meaning not at launch. Of course, they didn't say how this would work, such as if it would require users to buy the games again.
Will this hamper your desire to pick up a PS4 at launch, or even at all?
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If it's software emulation, then you need enough processing power to handle that. The software emulation is complicated as well.