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No, a lack of a beneficial feature is never a "good" thing.
However, it's not necessarily a bad thing, either. The PS4's lack of a built-in flashlight isn't a bad thing, even though it's a feature that is not included.
I want the ps4 to be backwards compatible, But if it is not, then its 100% fine by be. Atleast i know where my dollars are going and thats to 100% dedicated hardcore gaing and not screwing me over as a consumer with mandatory online.
for those who literally purchased a strong library of games this gen,I would be disheartened. it's an inconvenience to have to switch consoles to play a game that cans out a year ago
The problem I see here is that because the PS4 is so radically different in architecture from the PS3, the only way to have backwards compatibility might be to embed a PS3 Cell processor into the PS4 hardware used strictly for the playing of PS3 games. Having to do this could easily tack on another 100 bucks to the end price, so for that I would rather just get up and turn on the PS3 instead.
It's a great convenience, but not worth it if it raises the costs, or reduces the build quality to accommodate.
Again, it's a nice feature to have, but not a deal breaker in the end...
You buy a new console to play new games.