this of course will happen. If anyone thinks Sony or M$ will make another system anytime soon your wrong. And if nintendo makes one it will be a little weaker then the ps3. Nintendo will never use specs that drive the cost of the system higher then 250-300 bucks. Sony and M$ do not need to update for at least another 7 years because of this. They just need casual games and people will come. also the hardcore will always stay for sonys and M$ 1st party offerings so software sales will only go up as hardware prices go down and install bases go up. Sony and M$ has lost to much money to start a new gen and software sales have not started to even make up for the loss of money both companies have taken.
Lastly even if the ps4 does come out in 4-5 years we all know sony will support the ps3 (and of course 3rd parties will) for a couple years after the new system came out. Xbox and ps3 will have a 60 million plus insatall base before any next gen system drops and 3rd parties will make games for it as long as they sell.
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