Consider the fact that the XBOX360 and PS3 made a massive leap in graphical capabilities. And lately, Sony and MS have been trying to emphasize that they will wait until 2014 or later to make a new console. And there's the compelling evidence that both MS and Sony are heavily switching to a casual focus, lending to the idea that future consoles will try to be cheaper in order to capture a larger portion of the market (like the PS2 and Wii did).
Considering all of this, its probably fair to say MS and Sony are looking to wait until a later date when increased technology can make a system cheaper and stronger at the same time. In short, they're waiting until they can make a $300 system that is more powerful than XBOX360 or PS3. But even with the nearly 8 years planned for the 'next gen' for Sony and MS, I highly doubt it'll be as massive an upgrade as this gen.
It may just be the edge Nintendo needs. If they come out with a system equal or slightly more powerful than the current 360/PS3 and it comes out before the next Sony and MS offerings, it could really take over.
...or third parties will just completely ignore it like the Wii again.
Six upcoming games you should look into:
