Kutaragi rounds up PS3 features, pricing still unclear

Ken Kutaragi has once again hinted that the price of the Playstation 3 will be no push-over. Last week at Sony Computer Entertainment’s PlayStation Meeting in Japan, Kutaragi stated:

I’m aware that with all these technologies, the PS3 can’t be offered at a price that’s targeted towards households. I think everyone can still buy it if they wanted to. But we’re aiming for consumers throughout the world. So we’re going to have to do our best (in containing the price).

He also reiterated that the Playstaion 3 will be backwards compatible with both PS1 and PS2 games.

Kutaragi also went on the defend his decision on choosing Blue-Ray disks over HD-DVD disks, while explaining the full HD features of the PS3 which Ken believes will save consumers money.

We’re looking at a life cycle of 10 years with the PlayStation 3. We’re currently shifting from standard TVs to HD TVs. But in the next couple of years, most flat-panel TVs will be full HD. We’re releasing the PS3 with full HD features from the start so that consumers won’t have to buy another version of the console in the future. For the same reason, we’re using Blu-ray as the PS3′s disc format.

Sony chief warns PS3 will be “expensive”; PS2 hits sales highs