Sony's Conference
Details so far:
The first details about the PS3 have come out. Sony announced the system will be backwards compatible with the PS2 and PSOne, squelching the rumors that reported the contrary. The system will also (not surprisingly) use Sony's proprietary disc format called Blu-Ray.
NVidia is working with Sony on the "RSX Reality Synthesizer" for the PS3. It will be able to produce "movie quality" graphics at 60 FPS.
I'll edit it with more info as it becomes available. Feel free to add.
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