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if you ask me, portable consoles and home consoles will be the same thing in a couple generations.  Much like CDs basically capped the level of sound quality people care about, HD is going to cap the level or resolution people care about.

so with that assumption made, the NGP basically proves in 1 or 2 more generations we can get maxed out graphics on a handheld sized device.  At this point I figure all devices will be handheld in size with an ability to communicate with the other devices in our house like a our TVs and controllers negating the need for seperate handheld and home consoles.

they will also make phone calls, run MS office, have GPS, credit card capabilities, texting, social networking, start my car, be a TV remote, and a ton of other features I can't even imagine yet.

Basically, smartphones are going to take over the world.

imo.