IGN on the PS2

[Crash]

The hype for PlayStation 3 is already there. Talk to any developer and you'll get a range of comments, from "the system eclipses Xenon" to "it's three and a half times more powerful." Publishers are on board in a big way. Everyone is making Xenon and PS3 games. And Sony's brand name has never been better.

Matt Casamassina, Editor-in-Chief, IGN Cube
There's no need for Sony to rush PlayStation 3 to market. PlayStation 2 is continuing to sell. PlayStation 2 software is continuing to sell. Games like Grand Theft Auto San Andreas remain unstoppable. The company can afford to take its time.

Microsoft will of course launch the successor to Xbox later this year. Sony in turn will likely launch a campaign to subdue sales. It'll push its PSP handheld against Microsoft's new console. And it might just offer a hint of things to come: some well-placed teaser ads for PS3 that promise bigger, better things than Microsoft may have planned for Xenon.

Nintendo is a non-factor. The company doesn't so much compete as it exists.

ps3 3.5 times more powerful than xbox2... that means ps3 might be running 32ghz for main processors... powered by nuclear cold fusion and coming in at $100,000 per console

I can't wait until E3 to see what happens

XBox=fuct and Nintendo=mystery is that right IGN?