The Playstation 3 has been the Wembley stadium of consoles, but it will be worth the protracted wait!

The CPU will be up to 35 times faster than the PS2, 10 times faster than a PC and will be faster than the Xbox 360. The processor will clock in at an astounding 3.2GHz. It will be able to support seven Bluetooth wireless controllers and they will have nearly 24 hours playtime in them before they require charging. It will also have six USB slots and is connectable to two HD TVs, side by side if you've got two! It will also have Wi-Fi connectivity to the PSP, which can be used as a remote screen and/or controller.

It will use the much-vaunted Blu-ray format, discs that can hold up to six times as much data as current-generation DVDs. It will also support existing CD and DVD formats. The machine will be backward compatible all the way to the original PlayStation. It will also have memory slots for a Memory Stick Duo card, Secure Digital card and for a compact flash card. It will be available in two hard drive sizes 20Gb and 60GB