We'll have to wait until Sony's conference later today and the rest of E3 to get more details about their upcoming console but from the Pre-E3 announcements we're already getting a few tidbits.
Sony has been touting their ability to output 1080p
via dual HDMI ports while some have claimed most games won't be able to use that resolution
. Checking out Sega's announcement that Virtua Fighter 5 will be a Playstation 3 exclusive
and Epic's interview regarding Unreal Tournament 2007
reveals one common thread, that both are targeting 720p. Obviously these will be early titles in the systems lifespan so we may see later games kick it up to 1920x1080 and with few having HDTVs that display or accept a 1080p signal this is of limited importance. Still one has to wonder if Sony will even call these games high definition, since the only True HD is 1080p
at least according to Phil Harrison.
Check for more live E3 coverage from Joystiq