Japanese Console Rumors Debunked

Thanks to an anonymous reader for pointing to a Video-Fenky blog post translating the 'Truth behind the rumors' feature that ran in Japanese gaming magazine Famitsu recently. Intriguing questions answered by major Japanese gaming companies include the use of the Cell processor in Sony's Playstation 3 ("..we will be investing 200 billion yen [$1.7 billion] over the next three years into Cell manufacturing facilities."), why Nintendo aren't so hot about online support ("As long as the rate of broadband installation isn't up there with TV sets, then online play can't be the core of business development"), and why Nokia's N-Gage won't be coming out in Japan ("..protocols are incompatible, [the N-Gage] cannot be used as a communications device in Japan.")