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RareglovE said:
Say if by the time the PS3 beats the 360 or the WII it will be too late because by then M$ and nintendo will have already come up with a new console.

secondly M$ love to worm their way into the pockets of developers by giving them big checks with a one in front and alots of zeros in the end.

Its a big if , for sony to keep their word that the PS3 will last till the end of the 10 year cycle

 

The die shrinks wont be nearly as big in a few years, so with less progress we will also get longer life cycles for the consoles.   I mean the expanding capabilities that new consoles bring every 6 years or so is brought on by making the chips smaller and smaller.  I'm thinking that all 3 will be around for 10 years.