I expect the next gen to start in 2013 at the latest; for all 3 makers. By 2015 iPhone7 will be more powerful and have better production values on it's $5.99 games than the PS360 $60 games. That's unsustainable. And having PS360 PC multiplat titles will be nigh on impossible. 3rd party HD developers are pretty much wedded to PC/PS3/360 multiplats so MS and to a lesser extent Sony need for their consoles to get not too far out of touch weith PCs. PC's are going to get 10Gig RAM, 2Gig graphics cards, and 8GHz processors before long.
“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell
"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
