Yeah probably
The PS4 i think without problems when the devs start to develop and learn the "How to" earlier than this gen.
With bigger BluRays and all this stuff it shouldn't be a problem.
NATIVE 1080p ingame is needed not only FMV like FF13 PS3 does.Maybe they can manage it already this gen with native 1080p ingame
X720....Maybe when they upgrade to BluRay or such stuff.
And they should stop with this upscaling crap
BUT - When those consoles are out the PC Hardware is also better.
Crysis was done 2007 on PCs....2014 or so we will have Crysis 3 or an other game that pushes PCs in this year to the maximum and beyond.