Wow these were all great responses except for the one setence response from somebody whose name I won't bother to remember at the moment.

I'd like to add that I'm not exactly expecting god like performance on the PS3, but I am expecting some very close to PC performance on the PS4, with its ridiculous processor and its additional 6 GB of ram (would be 8 but the OS was stated to require 2gb for normal is functions).

I just figured that since my i7 is approximately 3-4 yr old (probably more since I got it way ahead of time through a special program), that that would I only be enough to notice a small difference between a PC which is made for multi-tasking and a console that is dedicate purely to gaming.

Overall, like I said, great answers but I still remain puzzled on why the ps3 version even with lesser gfx quality (I'm okay with that now) still seems to lack in the latency performance area (even on a wired connection where only the PS3 is on).

One last question regarding the graphics. How come the PS3 seems to show movements as of they're happening in slow motion. Graphically I've come to accept the RENDERING, but the factor of "Slow motion" (doesn't look latency relates at least I think as my crossbars (hot bars) seem to update precisely and quickly). It's the just the movement of the character himself when he (for example) uses an ability like "True Thrust" and he jumps for an attack.

Could his be a hard disc capacity issue (digital download via Psn store), where perhaps my hard drive is near full this causing the game to take longer to process that called upon ability?