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I think it all depends on Microsoft. if there is a new Xbox, they have to release at about the same time to be able to match them this time. however i would like about 2 more years of this gen, wait until Wii U is a year old and the next Xbox and PS4 have a hardware advantage. theres no point releasing the same year as the Wii U with the same level of specs.

i've heard Microsoft is looking into about 10GB of RAM. personally i think this seems like a bit too much. however i think RAM is maybe the most important thing next gen. i'm not sure if that controls framerate, but i think every game needs to be aiming for 60FPS, and if capable take it to the next level with HD and 120FPS.