This is definitely not "small news"... so, the next-gen consoles must already have some developer version available already! how else would Ubisoft be able to conceptualize or program their next-gen games without it? Maybe the look or design isn't finalized yet (but who knows, maybe it's already final) but the engine itself should already be stable and working.
Some time ago, Sony already considered and confirmed about using Intel processors in its PS4. I think it was the Larrabee? Anyways, this is something a bit too powerful to really grasp at this still early stage in the lifetime of the PS3. Surely, there won't be any announcements about a PS4 in next week's E3 - that would be ridiculous!
Either way, i am more than ready to embrace the PS4!
Bring it on, Sony! I will most definitely get me one of those, whenever it's coming out.