While the PlayStation 4 just released a few days ago, there are rumors! Yes rumors! We all love to gossip and it's contagious, but there comes a day when we'll have to separate fact from fiction. Searching a number of retailers, there is a reported blue light of death. It's real. Who comes up with these names? Tell me that. The blue light of death indicates hardware failure and early adopters are voicing their dismay at these defects.