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I would say the average time/gen was pushed out to 6 years, last gen, and this gen it'll be longer... at least 7. New hardware still comes, but its harder and harder to make it cheap, especially with the world economic situation as-is, and no end in sight to oil issues, which is the crux of the problem.

Frankly I won't be surprised if it lasts 8 years, or if the "next gen" is just a ultra-low-power version of this gen, due to ridiculous energy and manufacturing prices in the future.