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i think the next xbox will come out 2011. look at the price for gods sake. sony is looking at the longer run and still has some legs. sony wont see a new system till 2013 0r 14. nintendo might release a new wii by 2011 as well because now they can include the HD and try to tackle the core gamers as well as the casuals.

the reason why i believe in these dates is because the technology is better therefore it is harder for them to make it look better so they need more time to show that making the jump to a new console is worth it, imo longer lifespans between consoles.