I think based on current trends and costs, next gen graphics will not be about increased detail as the studios are already almost breaking their backs trying to accommodate the current level of detail. So the extra power will probably be used for more computational type improvements. I think for Sony at least their goal will be to create a system which can do 1080p, 60fps in 3D, as it would fit with their goals for not just selling their game console, but also make the game console something that pushes other Sony products, like new TVs and amplifiers etc. So while they are already pursuing this agenda strongly through 3D support for instance, I think they want to polish it for the next gen to encourage even more people to upgrade their supporting hardware.
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