Actually, I think Sony is aiming for 2005. It may seem fast since the Gamecube and X-Box have just come out, but it's not really out of the ordinary. The Japanese launch for the PlayStation was December 3, 1994, and the PlayStation2 launched March 4, 2000. About 6 years and 3 months. If you look at the launch days in the U.S. you have September 9, 1995 for the PlayStation and October 26, 2000 for the PlayStation2. About 5 years and 1 to 2 months. 2005/2006 seems about right when you look at the fact that the PlayStation2 will have been out as long as the PlayStation.