According to reports from the tech website known as Engadget, an audio/video-centric PlayStation 3 is in the works. This new device will be powered by the Cell processor and will focus on being a living-room set-top box, with audio and video playback as its primary function; gaming will be the unit's secondary use. This device will be even more expensive than the $600 PlayStation 3. Some believe it may cost as much as $2,500.

The device will supposedly have twice the main memory of the current PS3 and have two HDMI outputs. No name has been announced for the system and no further details about its abilities have been revealed either. This reminds us a lot of the PSX, a PlayStation 2 with built-in digital video recorder abilities. The system also had up to a 250GB hard drive, played PS2 games, and was much more expensive than a standard PS2. It was never released here in the States, and there's a good chance this new "AV-centric" PS3 may follow suit.