The biggest loss of the last generation of consoles was the demise of SEGA. No Shenmue 3 is such a shame it makes me want to shed a tear. We'd be lucky to see the final installment within the next 5 years considering the work on Shenmue Online. Hopefully it's a success, and leads to Shenmue3 EDIT: another DC classic we really need to come back is Skies of Arcadia. Still is one of my favorite RPGs ever.
My Top 5:
Shadow of the Colossus, Metal Gear Solid 3, Shenmue, Skies of Arcadia, Chrono Trigger
My 2 nex-gen systems: PS3 
and Wii 
Prediction Aug '08: We see the PSP2 released fall '09. Graphically, it's basically the same as the current system. UMD drive ditched and replaced by 4-8gb on board flash memory. Other upgrades: 2nd analog nub, touchscreen, blutooth, motion sensor. Design: Flip-style or slider. Size: Think Iphone. Cost: $199. Will be profitable on day 1.
