Introducing the PSX?

This Reuters article explains the details of Sony's announcement of their next console. No, this isn't the PS3. They are introducing the PSX. No, this isn't the PS1, either. Think of the PSX as PS2.5 and you're probably in the ballpark now. The PSX adds a hard drive and broadcast satellite tuner to the PS2 game hardware is Sony's attempt to become a media hub in your home. This is the same move we saw from Microsoft when they announced the features of XBox Live version 2. The companies appear to be determined to compete against identical fronts. This could only mean more competitive pricing for us end users.