Fractal of Time on 27 May 2007
No, this is not the last generation of graphical improvement. Microsoft and Sony just need to create a motion control like the wii-mote. Nintendo just needs to improve there graphics and an upgraded GC controller would be nice. We will see how important graphics and more importantly physics are when PS3/360 get there pricedrops (2008). Next Generation of gaming Graphics/Physics will start Q3 2007.
