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ADMIN EDIT:
This thread is now officially a console war topic.
Ground rules:
* The console war will not operate outside of this topic.
* No personal attacks or direct abuse as per the usual rules.
* The Wii-U is to be considered off topic.
* Spin information in whichever way entertains you the most, but presented factual information must be true.
* No flooding the topic.
* No complaining about console wars - if you are not interested in it, read other topics.
* No image meme spam.
I believe it is the right of all gamers to back a company in a console war, as has happened since time began. I have selected the PS4, as I believe Microsoft must be punished for their attempted ruination of gaming despite having now changed almost every policy.
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Update: Sony's conference is tonight, at 6pm EST, that's 11pm GMT.
Live streams here:
http://www.gametrailers.com/games/tkebzh/playstation-4
http://www.twitch.tv/playstation/videos ... broadcasts
Sony's website: https://us.playstation.com/meeting2013/
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Photos of a PS4 controller prototype and some infos have been leaked online. Apparently Sony will officially announce PS4 next week (on 2/20).

(source: Destructoid / http://www.vgleaks.com/orbis-dualshock-layout/ )
It will have a PS Vita-like d-pad and a touchpad (multi-touch, and it clicks when pressed), concave analog sticks.
Larger grips than previous dualshock.
Supposedly it will feature a SHARE button that will allow you to upload a video of the last 15 minutes of your gameplay to share online.
As you can see it also has a large LED at the top which may be related to the next version of PS Move.
It also seems to feature a mic or speaker and a headphone jack.
EDIT: New picture

Note the larger grips.
We'll learn more next week, when (most likely) PS4 is unvealed.
PS.
Kindly stay out of this topic if you don't care.