The WSJ is confirming what we all saw in Sony's slick video teaser for its upcoming February 20th event: Sony will be announcing the PlayStation 4. Citing the ol' reliable 'people familiar with the matter', the WSJ says that the PS4 will be announced on February 20th and be released later this year.

The WSJ also reports that Sony will try to throw in more "social gaming aspects" in the PS4, focusing more on how people "interact with the machine" than the sheer hardware power of the system. Sony had considered ditching the disk drive and using game downloads but decided that video game file sizes would be too large and Internet connections may be too slow to handle the load. Which means we can still expect the ol' disk bay to be in the PS4. The announcement of the PS4 will beat Microsoft's Xbox 360 successor to the punch, it's unclear if the actual next generation system will too. Both are expected to launch by this holiday season. [WSJ]

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Everyone save that tax refund

I'm saying $500.... possibly $600 for a "deluxe" model"

Im gona say $600....

I'm going to say pass. Already own something that can run games in high detail.

Im passing too. Marcy would have my balls mounted to the wall if i bought that. She flipped at a $300 football helm last monthh

I'll buy it, but that's not a surprise to anyone that knows me and my penchant for purchasing every system out there.

Shit, Shane wouldn't let me buy the last one, what makes me think he'd let me buy the more expensive one? "We have enough fucking game systems in this house!," he says.

Your husband and my wife must hang out...lol

I can't say if I'll buy it until I know more.  If I do, it probably will be a while.