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I think that since the PS3 is such an advanced machine they will skip an entire generation and make huge profits from the PS3. I mean c'mon, the next Wii will probably have PS3 graphics so why make another Sony console. The 360 can upgrade visuals but the lack of Blu-Ray BC will make consumers purchase a less expensive PS3 slim over the most expensive console which will likely be the Xbox 720...... It all falls on Microsoft's next console. If it is significantly superior to PS3 then Sony may have to announce a new console as well. If it is slightly superior then I think Sony may just skip the next generation and compete with its PS3 slim.