Console:
PlayStation 5 will cost €399
Dualshock 5 will cost €54.99 (Black, White, Red, and Blue at launch)
Games suggested retail price at launch are €79.99 (Subject to change)
Several previous PlayStation 4 exclusive including God of War, Horizon Zero Dawn, Marvel's Spider-Man and Uncharted 4 will get a rerelease under "PlayStation 5 Legacy Hits" games will be reprinted onto UHD Blu Rays for €33.99 making them PlayStation 5 only versions. This is due to including game fixes patches, PlayStation 5 support and downloadable content.
PlayStation 5 is backward compatibility out of the box no day 1 patches or software need to be downloaded to support this.
PlayStation 5 isn't just backward compatible with PlayStation 4 and VR software it will support PlayStation 1, 2 and 3 disc and digital download backward compatible
PlayStation 5 will support standard and 4K Blu-ray video playback
Retailers are expected to open the first wave of pre-orders in early March.
Marketing:
PlayStation 5 marketing message is about community and connections.
One of the trailers shows people playing PlayStation 5 around the world this includes America, England, Japan and Malaysia playing together in groups or online play. The trailer includes backward compatibility, cross-play, and online play demonstration.
Games that seem to be showcased in this trailer describe to me as
New Crash Bandicoot game
Horizon Zero Dawn Sequel
Spider-Man swinging in new york
The Last of Us Part 2
Ghost of Tsushima
Third-person action Viking game
Space Japanese action game
3D Platformer with robots
A fantasy medieval game that has a dragon blowing fire on a bridge
A batch of PlayStation 2,3 and 4 footage (Metal Gear Solid, Tekken 3, Ape Escape 3, Grand Theft Auto Vice City, ICO, Infamous and Killzone 2, Uncharted 4, Bloodborne, Knack, God of War)
Street Fighter title looks more realistic than Street Fighter V
A futuristic medieval game that has sword combat