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Soriku said:
A game next gen will look like a CGI game today? I really doubt that.

I don't think $60 mil will be an average next gen but I predict smaller devs will still develop for consoles this gen (esp the Wii) than go ahead to next gen fast. I only think bigger devs will for a while.

http://www.youtube.com/watch?v=7fzkHGch12c

this was rendered with a Rv770 (HD4870). As you might know this card came out in 2008. Seeing how next gen starts ~2011 I say it's definitely possible.