@ Yiridan )
I'm pretty sure Sony would have waited at least another year to release the PS3 if MS didn't push the 360 to the market that early.
Other than that I agree with your points. All 3 manufacturers at this point should have their respective reasons to drag out this gen as long as they can, but chances are one or two of them will lose a hefty amount of momentum within the next 2 years.
I don't think the recession has that much to do with this, but just the fact, that consoles and console game have become much more expensive especially with added services like online-gaming, while the pace the industry is growing has shrunk considerably (well, there was no way it could keep the extraordinary growth numbers forever anyway). For the investments to be worthwhile 6 or more year cycles probably will become the standard even for the less popular consoles.
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