After a presentation that dragged on for hours, Sony failed to show the assembled game press the gadget they were there to see. The verdict was in before the event was over: another Sony shitshow. The New York Times' Brian X Chen sums it up:

During the 140-minute event, which started at 6 p.m. in New York, the press reactions started with impatience in the first hour, gradually rising to frustration in the second hour and finally, in the third hour, a combination of disbelief and disappointment when the show concluded with no price tag, no shipping date, and not even a prototype or a picture of the PlayStation 4 revealed. Left without a box to review, the press turned on Sony instead.

However, we can EXCLUSIVELY REVEAL the design for the new PS4, above. All is forgiven, Sony!

Playstation 4, from Kotaku's liveblog

'Tis the season for big news in console gaming: both Microsoft and Sony have been expected to announce new hardware. Sony is first with a new edition of the PlayStation 4. Around the web, live-blog coverage of the invite-only announcement event: Verge, Engadget, Kotaku, Ars, Wired.