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I think Nintendo will be the only one that carrys on in the traditional way whole heartedly,

I think MS next console has a good chance of just being a Windows RT machine of some kind, so there gaming can me done across all of there devices. And they will have finally got a Windows box in the living room, which has always been one of there goals.

Sony is already making roads into making there older catalogue available on other devices like Android and i expect Windows and IOS will follow, and with the acquisition of GaiKai, i beleive there will be an option to just have a streaming version of PS4 on any wireless device that can connect to a bluetooth controller.