PS3 Playable at E3

[MuGen]

I read on CNNMoney that PS3 will be revealed with film footage of it's capabilities at the Game Developer's Conference in March (GDC) which is the event someone was trying to pull out but couldn't get the name.

Xbox 2 will not be revealed until E3, and the Revolution will have sneak peeks at the GDC.

PS3 will have footage of demos at GDC but at E3 they will have a Playable prototype.

I expect the reaction from the press at E3 to their prototype to be a building block to make it better. Xbox is making the mistake of releasing their next-gen end of 2005.. which is too early.