Rushing out new consoles can take a lot of money, and this recession means Sony and Microsoft likely can't afford to lose a bunch of more money just to get a new system out. Not that they won't, but not for the sake of it. If they feel they can make their systems profitable for longer, that is a better business move.
Nintendo will launch when they feel the time is right.
A flashy-first game is awesome when it comes out. A great-first game is awesome forever.
Plus, just for the hell of it: Kelly Brook at the 2008 BAFTAs








