Okay here's how I see it:
PS3 costs $300 today.
If we are to have a significantly more powerful console in the next 2 years, it would have to be like the PS3 at it's launch: $600 at a significant loss to Sony. I don't see that happening again, what with their financial situation, plus the global economy.
The argument of PCs being better than consoles is invalid to this discussion. Of course high-end PCs are better, that happens to consoles after a few years. But high-end PCs cost more (let's NOT get into a PC-building discussion) to get those better graphics (at the very least $500 for a PC you won't have to replace in a year). And when you factor in blu-ray, bluetooth, absurdly expensive controllers...don't count on a significantly more powerful console in next 2 years. At least not at a reasonable price.
Not until XBox and PS3 are both under $150 should you expect a decent new console.
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