Most industry speculation calls for a next generation PlayStation release in 2006. Sony's third party developers have backed this assumption up with a strong list of PlayStation 2 titles planned for the rest of the year and early next.
The state of the next generation PlayStation software shown at next week's E3 show should reveal if a 2005 release is a possibility for the new system, or if Yuhara's comments were designed to take some steam out of Microsoft's Xbox 360 unveiling later today.