The PlayStation 2... There's lots of rumors...
Here's some Info from Sony...


The PSX2's 'Emotion Engine' 128-bit processor...    VIEW Image:   Size-
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The PlayStation 2 will be powered by an awsome new processor called the 'Emotion Engine'.
This processor is to be 128-bit processor with some pretty amazing specifications!
The PSX2's Graphics Synthesizor    VIEW Image:   Size-
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The PSX2 will also have a 'Graphics Synthesizer' with some pretty hefty stats of its own...

And here's some examples of the graphics power of the PSX2...
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