A new rumor has popped up regarding Sony’s next firmware update for the PlayStation 4. A report is claiming that the next major firmware update for the PS4 will finally bring compatibility for PS One Classics.

This new rumored feature was detailed by Comicbook.com. When this new feature arrives , PS4 gamers would be able to purchase PS One Classic games from the PSN Store and play it right on their PS4 consoles. Currently, the only way to play PS One Classics is through the PlayStation 3 and the PS Vita handheld system.

This move might be Sony’s answer to Microsoft’s strategy in making Xbox 360 games backwards compatible with its Xbox One consoles. Sony has been a bit stubborn when it comes to backwards compatibility, but now it looks like it might actually change its mind for one simple reason: nostalgia, as pointed out by Game Rant.

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Nostalgia has proven to be quite a powerful tool in getting consumers to jump on board. The industry has already seen huge successes with remakes and remasters, most recently with “Crash Bandicoot N. Sane Trilogy.” Letting the PlayStation 4 have PS One Classics compatibility could open up a new stream of profits for Sony. It also puts the company in a more competitive position against Microsoft in the realm of backwards compatibility.

As for other rumored features for the next major firmware update, gamers might finally be able to change their PSN IDs. This is a simple new feature that players have been asking for since the PS3, but Sony has been adamant about this from the very beginning. This feature is most likely in everyone’s wishlist, but Sony could possibly still hold back on it.

Another possible new feature included with the PS4 5.0 firmware update is the ability to remove demos and betas from the user’s library. This might be a quick solution for gamers to easily clean up their libraries. The update might also increase the maximum number of players inside a PSN Party.

It’s important to note that none of these new features have been confirmed by Sony, and it’s likely that none of them might not even be part of the firmware update. However, the inclusion of PS One Classics compatibility for the PS4 seems like a no-brainer considering the nostalgia fest that’s evident right now in games and in pop culture, generally speaking.

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Sony hasn’t revealed a release date for the PS4 5.0 firmware update yet, but it has stated that it will be arriving “soon.” Gamers can now sign up to test the 5.0 update and beta testing will commence sometime in early August.

The last major firmware update for the PS4 was version 4.50, which arrived back in March. It included support for external hard drives, custom wallpapers, a simplified notification list and support for 3D Blu-rays for PlayStation VR. It also added Boost mode for the PlayStation 4 Pro.

Sony has a scheduled routine maintenance for the PlayStation Network this week, according to GameSpot. Services for the PS4, PS3 and PS Vita will be affected starting on Tuesday, July 25, between 8 a.m. and 9 a.m. (user’s local time). Players will be able to sign in, play games and use some applications, but they won’t be able to access PlayStation Video, PlayStation Store and their Account Management settings.

PlayStation 4 might support PS One Classics when the 5.0 firmware update arrives later this year. REUTERS/ Mike Blake