According to a recent post on GameInformer the PS4 is going into development later this year with an expected 2012 launch date.
This comes on the heels of rumors that we posted about in regards to the next XBOX console being hinted at for a reveal at next years E3.
Per the source of the PS4 rumor the next Sony console will feature a Kinect type feature. What would really make a big splash though is if it also integrated the Move system to be able to track full body and control movement. Combine that with some 3D and a rumble vest and you’ve got one hell of an immersive video game experience.
Personally I think it’s way too soon for the next generation of consoles. I was hoping to ride this wave out for at least a few more years before seeing the next round but I guess Nintendo has finally lit that fuse with their Wii U. And if Sony comes out with a console during the holiday 2012 season you can bet the next Microsoft product will be close behind.