This solidifies that the ps3 will ship after 2005.

[Dyne]

NVIDIA PlayStation 3 GPU to be completed by end of 2005
>> From GamesIndustry.biz:

NVIDIA's graphics processing unit (GPU) for PlayStation 3 will be completed by the end of 2005, according to US Internet reports citing comments made by chief executive Jen-Hsun Huang to investment firm Morgan Stanley this week.
Although NVIDIA's provision of a custom GPU for PlayStation 3 is now out in the open, this is the first time the graphics firm has discussed the question of production timing, and Huang's comments seem to tie in with projections that Sony's next-generation console will be ready some time in 2006.
Microsoft's rival Xbox 2 format, expected to be unveiled within the coming months, has been tipped to arrive earlier than that, possibly in time for Christmas 2005. NVIDIA's fierce rival ATI is providing the graphics hardware for Microsoft this time around.

Read the whole story on GamesIndustry.biz.

[SamuraiMoogle]

Thank god. Screw new systems in 2005.

[cka]

oh crap they broke the 5 year rule!

[Zerodash]

PS3 in 2006 = good.
XBox 2 in 2005 = bad.

[Rumpy]

I called that one.

[EvilMog]

PS3 in 2006 = good.
XBox 2 in 2005 = bad.

I still do not believe Xbox 2 will come out 2005. Its not happening. I predict right now Xbox 2 gets on the market only 1-2 months before PS3.

[epmode]

i predict right now that evilmog is wrong!

[Dyne]

well considering they said production is at the end of 2005 for the gpu, we can speculate the sytem launching 1st q 2006. which would only give the xbox 2 a couple month head start (assuming it made the oct/nov 2005 date thats been rumored). so its not as bad as it might seem.

[JMET]

Good lord, do I really want ANOTHER round of 199-300 dollar consoles.

[EvilMog]

rumors rumors rumors thats all this 2005 talk is.