IGN article

[MuGen]

I'm thinking PS3 will just own the E3 this year. considering the information we have at hand, and not being a fanboy.

Revolution not shown, PS3 will be playable.
Xbox II will only have 2 ports and optional HD? The pS3 is already confirmed to have a HDD on their PS3......

Sony is looking to be the smarter company this generation and I wouldn't be surprised if they take the next-generation like this generation did.