Unfortunately, probably not quite that much. However Sony will surely keep the PS3 on the market until they are content with its performance and as proven with the last two Playstations, they certainly have a long life in them. The PS3 in particular is very future-proofed with its features and cell processor, so its kind of dependent on whether or not the competition decides to make the next big horsepower leap. Not likely from Nintendo; they're doing just fine with the Wii, and Microsoft has lost so much money with their Xbox projects (Xbox 1 lost over a billion a year for the company), they'd be wise to keep the 360 going as long as they can without releasing a whole new console. If Sony can sustain a ten year life span as planned, then with price cuts and lots of killer exclusives it is much more likely.