I believe the reset will continue t be part of our gaming lives. If only because all rabit journalist will jump over any incremental change as a new gen (honestly, I believe that the Xbox - X360 and PS2 - PS2 where merely incremental changes based on theoretic literature on the subject.) It'd be great financially speaking for manufactures if we retained one gen but at some point you milked everything you have out of a console and you will need new features that require more innovations, wished for by the developers. At some point you cannot sustain a current gen. How many years that will take I don't know...
As for the PS4... It'll be here. There is a big chance that Sony might sit out next gen (and keep sitting on their PS3 for a few more years) but after major restructering and good economic prospects they are bound to return...
The Doctor will see you now
Promoting Lesbianism --> 
