When Sony’s PlayStation 3 first launched back in 2006 it featured an extraordinary price tag that translated into low sales figured. Luckily, the years have done the PS3 well and the console currently sits at a palatable $299.99 for a 160GB model. However, now that the console has been out for 4 years many have wondered what Sony’s plans are for their next generation video game console.

Well, according to SCE CEO Kaz Hirai, the company isn’t even yet thinking of this next generation console. Instead, he says, the company is focused on getting the NGP out the door and boosting the value of the PS3 – which, by his count, still has a good 5 years left in it.

Do you think you’ll be playing your PS3 for another 5 years or will you be craving a newer system?

via eurogamer

The PS3 is an awesome machine – it has arguably the best graphical capabilites of any console, free internet and some great games like Uncharted 2. If I had to pick the thing I like least about the PS3, however, is the damn install times times. It seems like just to play a game for the first time I have to wait a ridiculously long time.

Well, with the forthcoming launch of one of the console’s biggest titles, God of War III, SCE’s Christer Ericson has clarified via Twitter that the game will have no install times whatsoever. Pop in the disc and you’re good to go.

via cvg

Sony has recently announced that they will be expanding their licensing program thus allowing more third party manufacturers the ability to produce pretty much anything they want for the PSP, PS2 or PS3.

Apparantly if a company decides to enter the licensing program they will have to comply with “qualifying SCE standards and requirements” after which they will be given the technical knowledge behind creating Playstation products. Of course they also get to slap the Official Licensed Product logo onto their products.

Read (Joystiq)