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jbrist said:
Didn't someone from Microsoft say they think this generation is going to stick around longer than last ?

And I doubt Sony would make a new console until ATLEAST 2014 anway, I mean, they've got a 10 year lifespan so they say, and the PS2 has gone on for 9 so far and is still selling, and 2014 would be 8 years, and I'd say the PS3 could even get 10 years too, if not more...

So yeah, unless there's proof to back this up, it's just something that's been made up overnight, since I'm pretty sure none of the companies (Sony, Microsoft, Nintendo) are looking at a new generation of console just yet (Well, Nintendo maybe... Wii HD soon ?)

Every company begins development on their next generation console the day after their current one is released.  Sure they may not do much solid decision making or prototype building for a few years, but they all at least begin the first stages such as ideas, picture models, etc.