Playstation 4 for 2012?

Rumour has it that the Playstation 4 is on its way, slated to begin production later this year with an intended release for 2012. The machine will supposedly boast Kinect-like body movement controls built in. Foxconn and Pegatron Technology, both responsible for assembly of the PS3 will reportedly be assembling its successor with an intended shipment volume of 20 million units.