2 things that are p*ssin me off!

[dbgtz]

Just poking my nose in and saying that next-gen for Xbox/PS consoles is 2-3 years at least, especially since we didn't see anything at this year's E3, there's a slim chance that we'll get an Xbox 720 for fall 2012 if it is announced at CES (I doubt it though. However, the technical capabilities of the PS3 have not yet been reached so we won't be seeing a PS4 before Q4 2013. I reckon they'll both be announced E3 next year and released Q4 2013 or Q2 2014. Also Sony doesn't want to cloud Vita's launch with news of the PS4 anyway. Neither would be inclined to release a new console within two years since they both just released their movement peripheral.

They actually lose more money by releasing a new gen early because developers are just now making the quality big-seller products for this generation (Which is what the original Xbox missed out on by being replaced too fast) like MW2, BO, BC2, Halo Reach etc. Generally a generation's last few bestsellers are of better quality than launch titles.

Well considering the WiiU is coming soon, and consoles are pretty much starting the R&D process since the previous one was released, I don't think it will be two years. The don't want to lose market share. 360 has probably only sold so well because it was the first HD console, and PS3 lost a lot of marketshare because it was out later (well that and a huge pricetag). Just because a new console is out, doesn't mean it will stop being supported. I mean, studios still made games for PS2 well after the 360/PS3 release (world at war final fronts for example). I'll also probably still buy games for my PS3 in the first year of having a PS4 (if I have it near launch) as the library won't be amazing and PS3 games will hopefully be dirt cheap then too :L

Also at the Vita thing, I think it is released early next year for Americas/Europe long before E3 where a new console is likely to be announced so it's not clouding it so much and it will be similar to what nintendo did with 3DS/WiiU, except the opposite way around.

it wouldnt surprise me if we didnt get a new generation of consoles for like 4-5 years, which i personally have no problems with

WiiU is releasing next year as far as I'm aware...

[samsaBEAR]

i meant ps4/new xbox

[dbgtz]

i meant ps4/new xbox

Yeah but it's all about competition, release too late and a lot of marketshare can be lost.