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I bought the PS2 and PS3 on Launch. I came to the conclusion, that I would have benfit more if I had stayed in the old generation to finish up some good games I had missed. I will buy my next Console along with the first big game in a bundle.

Personally I could wait another 4-5 years until the next gen consoles arrive. We have bluray, HD, HDD and online gaming. I do not think that a slightly graphical upgrade is worth another € 400-500. I fear that the diversity of gaming would suffer even more if the next generation comes too early.

I mean, the PS3 brought HD to Europe when almost nobody had a HD TV. Even now most TV Channels do not support HD. This generation still has enough potential and I would gladly see some more Games. Especially since I lost my Launch 60GB to YLOD I want to use my second PS3 at least 3-4 more years.