The Playstation 3 will be like a mini computer, with a huge amount of processing power. Some might even say more processing power than the now released XBOX 360.
When the Playstation 2 was released 7 years ago, the average number of games sold per unit sold was 5. Fastforward to the PSP; it released and has only sold about 2 games per PSP sold. This is mainly because of the multimedia aspect of the game. People are buying it to watch movies just as much as they are to play the games. This doesn't sound so bad, but it can cause problems for Sony.
A lot of Sony's income from video game consoles are the licensing fees they charge video game companies to create games on any of Sony's console platforms. Thus, when less games are being sold, less money is being paid for the rights to make games since not as many games are being bought compared to the past.
Another possible problem with the Playstation 3 is the complexity of the interface. Since the Playstation 3 is so powerful, critics are speculating that the console may confuse consumers and give the PS3 the reputation of being complicated.
Judging by the screenshots of games such as Fight Night Round 3 that were made for the Playstation 3 the life like imaging on the games are astounding.Whatever the case may be, we will have to wait until the release of the Playstation 3 to speculate on it's features. One thing if for sure, it will be a feature packed console like nothing consumers have seen before.