Sony’s Project Morpheus VR system now gets a new name – PlayStation VR. The announcement was made today at the SCEJA Press Conference 2015 in Tokyo. There’s still no official release date for the headset which is due for release at some point in early 2016.It's official: Project Morpheus is now PlayStation VR! pic.twitter.com/iwthYKbrVM— PlayStation (@PlayStation) September 15, 2015The Japanese electronics and gaming giant had earlier unveiled a prototype of the virtual reality headset to be used in conjunction with its PlayStation 4 video game console during a talk at the Game Developers Conference. The adjustable device, which was codenamed Project Morpheus, features a head-mounted display with 1080p resolution and a 90-degree field of view. Sensors built into the headset can track a wearer’s head movement in concert with a PS4 camera.“The name ‘PlayStation VR’ not only directly expresses an entirely new experience from PlayStation that allows players to feel as if they are physically inside the virtual world of a game, but it also reflects our hopes that we want our users to feel a sense of familiarity as they enjoy this amazing experience,” said Masayasu Ito, EVP, Division president of PS Product Business and VP, Software Design Division.He added, “We will continue to refine the hardware from various aspects, while working alongside 3rd party developers and publishers and SCE Worldwide Studios, in order to bring content that deliver exciting experiences only made possible with VR.”PlayStation VR will compete with virtual reality headsets such as Facebook’s Oculus Rift, and the Vive developed by HTC and Valve. A report by PC Mag points out that Sony’s decision to rename Project Morpheus to PlayStation VR makes sense as the device will rely on the PlayStation 4 in order to get its content. In addition, it is also a gaming-focused product and using the PlayStation branding adds a bit more legitmacy to the device.

It’s official! Sony is gradually going to bring backward compatibility in terms of older console titles to its current PlayStation 4 console. While many were bickering about the lack of backward compatibility, Sony finally confirmed the same to Wired, but there are plenty of questions and very few answers.

Sony plans to use PS2 emulation software aboard its PS4 to run older titles. And it so happens that the first titles to support this emulation software are already out in what appears to be a soft-launch of sorts. The Star Wars: Battlefront PS4 console title also happens to pack in some older titles like Star Wars: Jedi Starfighter, Star Wars: Bounty Hunter and more.

As Eurogamer discovered, the games are not new ports of old code, but old code itself. This clearly means that the Sony PlayStation 4 uses emulation software to get the job done easier. What this also indicates is that almost every other PS2 title should also be playable once the software goes wide.

But now come the questions and those are to do with how Sony plans to use this emulator. Will the older games be resold as digital copies once again? Or will users possessing the older disks will simply be able to insert and run older games. The answers to these should be out as Sony reveals more details about its emulation software.