So what incentive does anyone have to buy a PS4 if this is true? It'll be the jump from N64 to GCN all over, where your entire old library is useless.
woot21 out dawgs
Or the jump from PSP to Vita last year. Or from PS2 to PS3 if you bought one beyond the launch ones. I'm not defending it by any means but it does seem like those were due to limiting hardware. For this situation the PSN still exists in its current form. Why not allow it to pass on along with the infrastructure of the PSN.
Oh wait, Sony will tell you they're doing it for the "long term."