This is the part that interests me personally:
This new service, which is codenamed Spartacus, would have three tiers. One would offer current PlayStation Plus perks, another would include a catalog of PS4 and “eventually” PS5 games, and a third would have “extended demos, game streaming and a library of classic PS1, PS2, PS3 and PSP games,”
Of course my preference would be to just pop in the discs I already own and play them in a current gen PlayStation, having added access to their massive back catalog is a pretty big draw.