Wow, the Sony PR machine is certainly working overtime on feeding the media with next gen Playstation 3 console news.

First off is this Red Herring report which talks about the proposed product’s new processor which – gasp – could deliver 1000 times more power than the PS2 CPU. Good golly gosh! The piece also talks about TIVO like television recording and stuff which the console will *probably* do when it arrives.

For those who want even more in-depth info about this incredibule console – which, note, is not due for release until at least 2005! – here’s the Playstation Reporter site.

Finally the Ferret is proud to bring to you a super sneak preview photo of the uber-machine snapped whilst on a recent visit to Sony headquarters in Tokyo. Remember you saw it here first, folks!