PS3 To Use Blu-Ray Technology

Daetrin writes "GameSpot has reported an announcement by Sony that the PlayStation 3 will use Blu-Ray technology, a next-generation optical disc format which 'can hold 25GB on a single layer and 50GB on the dual-layer discs', as many people have been speculating. What Sony hasn't said for sure is whether the PS3 will be backwards compatible with DVD movies and PS2 games. However, they indicated that they will reveal more details about the PlayStation 3 at a premiere in Japan on March 31st next year. (And, if nothing else, there will certainly be plenty of rumors before then.)"