SCEA's Kimberly Otzman went on record earlier today, stating "The current 60 GB model utilizes a hardware and solution for backwards compatibility, namely the Emotion Engine chip. The new 80 GB PS3 will use a software solution for backwards compatibility, similar to that currently found in the PAL model." So there you have it. The Emotion Engine chip will be phased out around August, with the release of the new model. We don't know how to take this news -- give us your opinion.