So this had been speculated for a while, but Sony Worldwide Studio’s boss Shuhei Yoshida has confirmed that your PS3 purchases will not transfer over to the PS4. The top that off, the PlayStation 4 will not have backwards compatibility for PS1, PS2, or PS3 discs, however, the company hopes to use the PS Cloud service to stream titles from those previous consoles as a workaround. It will not be a launch capability though and there is currently no word on when we could see the capability. And in one final swoop, they also revealed that your game saves of course won’t work either. So when you buy the PS4 you’ve got to go all in and leave all your PS3 history behind.
Shuhei Yoshida told a roundtable that the PS4’s hardware is just too different from the PS3, and the company is trying to avoid draining the system’s power with emulation. I’d be ok with that if they provided some kind of software solution that could be turned off and on to do the emulation; it can be done after all. As they said, eventually we might get past PlayStation games available through streaming, but don’t look for that anytime around the PS4 launch.
We knew some trade-offs would come with the PS4, but good grief!!