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Conegamer said:

Key word is bolded.

We've moved on past them times, as the most important thing was to be able to actually DO stuff with the console (3D, colour, HD), whereas now the most innovation comes from input.

You can argue that the most innovation comes from input, but that would be your opinion. I think the guys at EPIC would find your point very debatable.

Also, one thing you can't argue is that all consoles were more powerful than their predecessors. Is it correlation or coincidence is yours to judge, I believe power to be a key factor in the advancement of generations as given by the evidence. Even the exceptions (Wii) are more powerful than their predecessors. It's a point you can't just brush off in a one sentence counter-point.