Playstation 4

Sony Playstation 3 has been hacked with the Jailbreak device
Sony are prepared to release a new locked game console with a shelf life of another 6 years

Sony's not the only one hard at work on their next generation game consoles.
Nintendo are ready to reveal its new console specs at E3 next month
with a 2012 product release date in mind.

Microsoft are ready and have begun working on its next generation console last March

Playstation 4 specs could abandon the Cell processor Technology and Return to x86
Digital Distribution of game, video & music content will no doubt be a certainty

Hopefully Sony have a decent and reliable disc drive this time around