Okay Sony, pay attention to me right now. These things you must do:
1- release your console one year after the 720. The reason is so that you can release equal or greater hardware for less cost. What will that cost go towards? Towards the next points....
2- throw yourself into that Gaikai aquisition (game streaming). OnLive is pretty much a failure but I think game streaming could be a great thing with the right model. Turn the ps4 into a system that has conventional disc-based gaming but have Gaikai as a full supported service attached to it as well. The overhead costs for the consumer to have the capability would be low actually, but of course the company overhead is high. Sony already has a head start because they own all of Gaikai's assets, and so if they put their weight behind it it could turn into something great. I find it harder to rent games now that places like Blockbuster are done and I don't like the current rental services. Cloud gaming could take the place of game renting. Here's the model: charge by the hour and use a model similar to rental places with new releases being more expensive. Basically, make it so that buying games is cheaper than streaming if it's a game that you want to own because you play it all the time.
3- support 3D gaming. 3D is heavily criticized but in 3 years it will likely be easily affordable. Besides, despite all the hate today for 3D TVs, they are building a silent and growing minority of supporters. I have to admit that when I tried it I was impressed.
4-carry over Dualshock 3 controllers, PSmove, PSvita connectivity, and depending on how the wii u does, some kind of tablet perhaps.
Do these things and you will have the best machine on the market by a large margin.
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