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kn said:

A 2010 next gen box doesn't seem out of the question and it leaves the PS3 in an interesting position...


Depending on how sales and their hardware issues work out, I could see the PS3 being replaced in its fifth year but the Xbox 360 lasting six or seven years. If the 360 is in the midst of generating profitable years and has a huge install base after its 5th year on the market, I can't see MS rushing to replace it even if that means Sony gets the PS4 out before the Xbox 1080. Part of the reason I believe this may be the case is because the cost of the PS3 is so high that Sony may be able to literally release something many times faster for lower cost in 5 years.

And if that is the case, would MS leave the 360 on the market behind its successor in the way they did not with the Xbox.  

This idea depends entirely on, of course, how sales do for both the 360 and PS3.  MS does have a pretty strong lead right now, but it's still early.