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I don't think we have to buy new tv's once we have a 1080P. Graphics will improve ofcourse. amBX gets much support in the next generation. Voice regonition will be new in this generation.

http://www.ibmeye.com/microsoft-to-bring-next-generation-xbox-chip-in-house/

PS4
Duo-Quad Cell processor
4GB RAM
1 TB harddrive 3,5"
Blu ray
PS Motion Eye + Gloves
Bluetooth Headset + voice chip (talk to NPC's) + camera (head tracking)
DC4 motion and rumble 2.0.

One package deal only. Otherwise the hardware doesn't get software support.

Nintendo might end up with low tech graphics and some VR glases. 3Dtv's are too far away and only innovaters will have one at that time. I think Nintendo wants to stay with the casuals.

After that generation finally stereoscopic video games.