Well, the "PlayStation Meeting" is finally over, and Sony has unveiled the PlayStation 4 specs, redesigned accessories, and a handful of the games that prospective PS4 owners can expect on the console's Holiday 2013 launch date or soon thereafter.

As was feared by gamers far and wide, Sony has continued to ignore fan pleas for backwards compatibility, choosing instead to focus on the previously rumored PS3 game streaming service, which apparently won't even be ready in time for the PlayStation 4 launch this winter. Despite the continued popularity of first-generation PlayStation 3 units, which shipped with hardware-enabled PS2 backwards compatibility, the PlayStation 4 will be limited to PlayStation 4 games and (presumably) Blu-ray movies.

During the PlayStation 4 event, Sony executives did confirm that the company will continue to work with Gaikai on the PlayStation back catalogue streaming service, but didn't offer any potential launch window during the event. Sony did say that the company hopes to see the service will debut on all of its platforms at some point, which iDigitalTimes assumes to mean the PlayStation 3, PlayStation 4, PSP and PS Vita will all be able to access some/all of the game streaming service's library.

Sony Worldwide Studios president Shuhei Yoshida confirmed that the upcoming console will support used games, though the lack of backwards compatibility will drastically reduce the number of available used titles available to gamers when the PlayStation 4 release date arrives this holiday season. Speculation that Sony might step-in to try and kill the second-hand games market is nothing new; however, newly patents gave gamers new reason to suspect that the PlayStation 4 might be the first new console never to get a wall of used games at their local GameStop.

According to Eurogamer, the company isn't shying away from the patent's existence though, with an unidentified Sony source confirming the company's interest in the software-locking technology, though apparently not for use with the PlayStation 4. While the answer is still suspicious, GameStop's share values shouldn't have to endure another beating at the hands of a anti-used game system for at least a day or two.

Many will also be happy to know that, despite the requirements of certain games (like Bungie's upcoming online shooter "Destiny"), the PlayStation 4 won't require constant network access when in use, though questions still remain about the Xbox 720.

"You can go offline totally. Social is big for us, but we understand there are some people who are anti-social," Yoshida told MCV, "So if you don't want to connect to anyone else, you can do that."

While Wednesday's Playstation 4 press event at Hammerstein Ballroom lasted just over two hours, a surprising amount of information about the upcoming console remains unknown at this time; though many expect to hear more about the PS4 during the 2013 Electronic Entertainment Expo this June.

Be sure to check back with iDigitalTimes.com and follow Scott on Twitter for all the latest on the PlayStation 4 specs, games, rumors and more ahead of the console's launch sometime during the 2013 holiday season.

Is the lack of backwards compatibility a deal-breaker, or are you planning to buy the PlayStation 4 when it hits stores this holiday season? If not, are you eyeing the Xbox 720? Making the jump to PC?

Let us know in the comments section!

Related Articles:

PlayStation 4 Release Date 2013: Launch Game Trailer Round-Up From The PS4 Meeting

PlayStation 4 Specs: Eight Core x86 Processor, 8 GB GDDR5 RAM, 3D PlayStation Eye, And DualShock 4 Revealed By Sony

PS4 Launch Games; 'Watch Dogs' Playstation 4 Release Confirmed In Gameplay Trailer [VIDEO]