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I'm pretty sure the next gen will start in 2011, PS3 is not set for 10 years graphically though... it won't be long before we'll have things similar to cell processor for the PC and bigger HDD, better GPU's etc. PC's strength is in that they're upgradeable all around PS3 really isn't so much, it will always be as it is except for minor changes like bigger hard drive new case etc. 360 stands a chance but doubtful it will come in first. About beta and the VHS formats, they existed for a while together before one ate the others. I really think HD-DVD vs Blu-ray will carry on a bit longer then it needs to as people are only recently upgrading from VHS - DVD in mass majority they just aren't ready for a new format.