And so it has come to pass.
Sony has just wrapped up their E3 2013 Presscon, and have officially unveiled their newest addition to their console family - The Sony Playstation 4 (PS4). It's slated to come out 4th quarter of this year, and will retail for $399... $100 lower than Microsoft's Xbox One console. While Playstation Plus is mandatory for Online Multiplayer, you don't have to ALWAYS BE ONLINE to play the system, and used games can still be used.
Oh, and this is how you SHARE GAMES with the upcoming new console.
For more pics and details on the PS4, visit the official Sony Playstation Blog and Kotaku, as well as a list of the games announced/ confirmed so far for the system via IGN.