PS4: current-gen PSN purchases & saves won't carry over

PS4 may be getting backwards compatibility in the form of streaming service Gaikai, but see all of your current PSN purchases and game saves? You can kiss all of those goodbye in the next generation.

Speaking with Engadget, SCEE boss Shuhei Yoshida said that PS3 discs will not be compatible with PS4, but that it would consider transferring some games over, as long as they aren't too demanding in the emulation department, due to the PS3 and PS4 architectures being quite different. Current-gen PSN games will not make the transition either.

He added that Sony would consider some PSN and PS3 titles, and make them playable "in some form", suggesting that cloud based, server side catalogues of older titles would be possible, but that was part of the company's long-term strategy.

That's it, it's there in black and white. Now tell us what you think below.

We've got every shred of information, screen and trailer from the PS4 announcement right here.

Thanks Joystiq.