Despite Smarthouse's "it's a PlayStation 4!" it sounds more like the PS3.5 to us. According to the story, "The device will include the same chipset as the current PS3 but where it will differ from the current model is in the drive bay and in the attachment area. It will also include an extensive software suite for the managing of content being streamed to a TV or Hi Fi source."
Actually, it sounds a lot like the less than stellar PSX / Frankenstein system, set to make a return after a jolt of lightning that we like to call "poor PS3 sales."