This week Sony officially revealed the PlayStation 4 at an event in New York. Within seconds of that event concluding, fanboys across the Internet took to their favorite message board and began to spin the announcement to best suit their console of choice. Over the last few days, a few big myths have popped up about the PS4, so here are five of the biggest…that just aren’t true:

Price

Despite what some Nintendo or Microsoft fanboy may have told you, there has been no price announced yet for the PlayStation 4. Pricing likely won’t be officially announced until E3, as that show is meant for retail buyers to put in their holiday 2013 orders and that’s where the companies court the big guns like GameStop and Best Buy. While Amazon did put up a placeholder price of $1,000 (which they’ve removed); you’re an idiot if you believe that. That price is just to deter people from pre-ordering until Amazon gets an official allocation number from Sony around E3 time. Expect the system to come in two models, with the higher end one running between $399 and $449. Sony won’t make the “$599″ mistake again, and the only reason the PS3 went for that price at launch was due to the cost of a BluRay drive back then. The PS4 does not have that problem, and the system is using pretty affordable AMD hardware (as the next Xbox will as well).

Games Weren’t Running on the System at the PlayStation Meeting

The games demonstrated at the PlayStation Meeting on-stage, such as Killzone and Knack, were absolutely running on early PS4 hardware. The Killzone demo was being played on stage in realtime with a Dual Shock 4, and Sony even took the same demo and played through it differently on Late Night with Jimmy Fallon this week. Knack was also used to demonstrate the PS4-to-Vita remote play with Mark Cerny playing the game on the Vita being streamed from the PS4 hardware.

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