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Machina-AX said:
MS (but longer than Xbox to 360) then Nintendo (roughly same as Gamecube to Wii) then SONY (longer than PS2 to PS3).

I couldn't imagine Sony would give either Microsoft or Nintendo more than a 12 month lead in the next generation ... If a console is moderately successful, after 18 months without competition it will become (nearly) impossible to unseat it as the lead console because it will always be cheaper, have a better library and have strong third party support.