Let me start out this giant story by simply stating that much of this is rumor, while some of it is confirmed as fact. This is a culmination of a slew of news stories that have been rapidly spreading across the net all gathered into one spot. If something is a rumor in this piece it will simply be stated as such to avoid confusion. Here is what we know is for certain: Sony is holding a conference on February 20th to discuss the "Future of PlayStation." Essentially, as many have been reporting and confirming (though still a rumor), the PlayStation 4 is getting it's reveal that day.
Everything else from this point on has not been confirmed and as such should be treated as a rumor, but it still comes from reliable sources. Hit the jump to see what's possibly in-store!