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Posted by: Matt Liebl

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Coming off yesterday's high of a new console from Sony, we're beginning to get a better understanding of what the PlayStation 4 will and won't allow. For starters, we've learned that purchases made on the PlayStation Network will not carry over from the PS3 to the PS4. Neither will your save games.

It was already confirmed last night that PS3 games wouldn't be natively supported on the PS4; rather, Sony's next-gen console will stream PS1, PS2, and PS3 games from the cloud. As Gaikai's David Perry explained, these games will be available to play at anytime and anywhere from your PlayStation Network device. What he failed to mention was that everything you already have on your PSN won't be transferable.

Sony Worldwide Studios president Shuhei Yoshida explained during a roundtable that the due to technological differences between the Power-PC-based PS3 and x86-based PlayStation 4, the company is hoping to avoid draining the system's power with emulation. The company is looking to offer server-side and cloud services for a wider library of older games, though this will come at a later time. It also remains to be seen whether or not we'll be paying for this streaming privilege.

Tags: PSN, PS3, PlayStation 4