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Here are the details:
Price and Trade-Ins
The price is currently $399. There were discussions about including a better CPU, which would raise the price to $499, a price that is guaranteed to be the maximum amount one might have to pay for the upgraded console.
There are currently no plans for a trade-in program for PlayStation 4 owners, but that could change.
GPU and Blu-ray Player
The GPU is twice as powerful as the current PlayStation 4 and much faster. It runs at higher clock speed and is much smaller than the original.
It will have a 4K Blu-ray player and upscale games that are not 4K-native. (This is not to say that newer games will run 4K-native.)
Media Player Application
There is talk of a “VR Lounge” for the Media Player application, which will be getting a substantial upgrade.
Dev Kits and Existing Games
Developers already have development kits for the new PlayStation 4 and are making games that will directly target and take advantage of its higher specs. These games will work on the current PlayStation 4, but with considerable sacrifices made to performance.
Current games will not receive any performance upgrades by being played on the newer system. Any upgrades that come would do so via game-specific patches released by developers. When asked if this was going to happen, the response was, “It’s a possibility but doubtful with the exception of a handful of games.”
The following games will directly take advantage of the new PlayStation 4 at launch:
- EVE: Valkyrie (PlayStation VR)
- Robinson: The Journey (PlayStation VR)
- Gran Turismo Sport (PS4, PlayStation VR)
- Deep Down (PS4)
- GOW4 (presumably God of War 4) (PS4)
(There were more games on the list seen by OsirisBlack, but these are the ones that stood out.)