Sony confirmed what many gamers were hoping for today at their E3 Expo Press conference. Waiting until close to the end of the presentation, President and CEO of Sony Computer Entertainment America Jack Tretton confirmed that the upcoming Sony PlayStation 4 console would not have any restrictions on used games. Tretton said that the current PlayStation 3 model that allows gamers to trade in their games, buy used games, loan them to friends and use them however they want, works. So that is the same model being used with the PS4. This also means that the PS4 will support the rental market, and game channels such as GameFly.

In addition, the PS4 will never require an online connection.

For gamers who currently have a subscription to the PlayStation Plus network, Sony also confirmed that it would carry over to the PS4 without any disruptions.

This was in contrast to what Microsoft had said earlier in relation to their pending console, the Xbox One, which has several restrictions against used games, will have no rental market at launch, and which requires that gamers check in at least once a day to continue playing with their console.

When the DRM-free PS4 was announced, gamers at the press event stood up and cheered. This prompted Tretton to laugh a bit since he had to wait for the applause to die down before continuing. "I guess that’s a good thing?" he jokingly asked. "When a gamer buys a PS4 disc, they have the rights to use that disc. They can sell it to another person, lend it to a friend, or keep it forever."

Update: Sony also confirmed that the PS4 would be sold for $399 at launch.