http://www.computerandvideogames.com/416631/ps4-as-dev-friendly-as-original-playstation-claims-cerny/
Basically it takes roughly 1 to 2 months to create useable graphics for the PS4 compared to the 6 to 12 it takes to do the same for the PS3. Hopefully this will stop Cliffyb bitching about rising game budgets as it appears you can now do more in less time. Good to see Sony have learned their lessons from the PS3's developer unfriendliness.
Basically it takes roughly 1 to 2 months to create useable graphics for the PS4 compared to the 6 to 12 it takes to do the same for the PS3. Hopefully this will stop Cliffyb bitching about rising game budgets as it appears you can now do more in less time. Good to see Sony have learned their lessons from the PS3's developer unfriendliness.