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One point of contention I have is this:

"The final major component will be 1GB of RAM. PS360 both have far less than this, but it seems highly likely this is where they will go next as its cost effective and will be needed for next generation of games."

That would only be double what the PS3 and XBOX 360 have and on top of that the 3DS has a whopping 32 times the amount of RAM that the original DS and DS lite had. So while I don't expect 32 times the Wii's RAM (a bit under 3GB), I do expect more, probably 2GB.

Also:

NES: 2KB

SNES: 128KB (NES x 64)

N64: 4MB (SNES x 32)

GCN: 43MB (N64 x ~11)

PS3/XBOX 360: 512MB (GCN x ~11) Though I expect Nintendo would have gone with 256MB or (GCN x ~6)

Next generation: 2GB (PS3/360 x ~4)

 

I'd expect the multipier to be around 4 as the returns are diminishing over time and I'd expect Nintendo to apply it to the PS3/360 RAM and not what their console would have been (had they made a GCN2 for example) as they are probably targetting a higher price point than what they've ever targetted before.